Thursday, Iron Mountain Inc. (IRM) reported third-quarter net income attributable to Iron Mountain of $43.2 million or $0.21 per share, compared to $11.3 million or $0.06 per share in the same quarter last year.
Excluding items, the company reported net income of $0.24 per share for the quarter.
On average, eight analysts polled by Thomson Reuters expected the company to earn $0.24 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter declined 2% to $764.9 million from $784.3 million in the comparable quarter last year. Analysts expected the company to report revenue of $774.28 million for the quarter.
Looking ahead to the fourth quarter, the company expects to report revenue in the range of $766 million - $786 million. Analysts currently anticipate the company to report revenue of $766.86 million for the quarter.
For the full year 2009, the company revised its revenue guidance to a range of $3.00 billion - $3,02 billion, from the previous range of of $2.98 billion - $3.04 billion. Analysts currently anticipate the company to report revenue of $3.01 billion for the full year.
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