Iron Mountain (IRM) reported $1.59 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 7.8%. EPS of $1.17 for the same period compares to $0.43 a year ago.
The reported revenue represents a surprise of -0.40% over the Zacks Consensus Estimate of $1.6 billion. With the consensus EPS estimate being $1.16, the EPS surprise was +0.86%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Iron Mountain performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Revenues- Storage Rental Revenue: $948.38 million versus $947.84 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +7.2% change.
- Revenues- Service Revenue: $644.15 million versus the six-analyst average estimate of $650.12 million. The reported number represents a year-over-year change of +8.8%.
- Global Data Center Business- Total Revenues: $173.20 million versus the four-analyst average estimate of $175.96 million. The reported number represents a year-over-year change of +20.3%.
- Global Data Center Business- Storage Rental: $172.95 million versus the three-analyst average estimate of $172.07 million. The reported number represents a year-over-year change of +23.5%.
- Global Data Center Business- Service: $0.25 million versus the three-analyst average estimate of $3.04 million. The reported number represents a year-over-year change of -93.6%.
- Corporate and Other- Total Revenues: $163.39 million compared to the $155.13 million average estimate based on three analysts. The reported number represents a change of +33.1% year over year.
- Global RIM Business- Service: $498.43 million compared to the $503.39 million average estimate based on three analysts. The reported number represents a change of +3.6% year over year.
- Global RIM Business- Total Revenue: $1.26 billion versus the three-analyst average estimate of $1.26 billion. The reported number represents a year-over-year change of +3.8%.
- Corporate and Other- Service: $145.47 million versus the three-analyst average estimate of $141.34 million. The reported number represents a year-over-year change of +36%.
- Global RIM Business- Storage Rental: $757.51 million compared to the $760.60 million average estimate based on two analysts. The reported number represents a change of +3.9% year over year.
- Corporate and Other- Storage Rental: $17.92 million versus the two-analyst average estimate of $16.82 million. The reported number represents a year-over-year change of +13.2%.
- Earnings per share- Diluted: $0.05 million versus the four-analyst average estimate of $0.29 million.
Shares of Iron Mountain have returned +1.8% over the past month versus the Zacks S&P 500 composite's -0.7% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
