Iron Mountain (IRM) Scheduled to Post Quarterly Earnings on Thursday
Iron Mountain (NYSE:IRM) is set to release its earnings data on Thursday, October 31st. Iron Mountain has set its FY13 guidance at $1.05-1.14 EPS.Investors interested in listening to the company’s conference call can do so using this link.
Iron Mountain (NYSE:IRM) last released its earnings data on Thursday, August 1st. The company reported $0.29 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.31 by $0.02. The company had revenue of $755.00 million for the quarter, compared to the consensus estimate of $763.42 million. During the same quarter in the prior year, the company posted $0.35 earnings per share. The company’s quarterly revenue was up .4% on a year-over-year basis. On average, analysts expect Iron Mountain to post $1.11 EPS for the current fiscal year and $1.24 EPS for the next fiscal year.
Iron Mountain (NYSE:IRM) opened at 26.55 on Wednesday. Iron Mountain has a 52-week low of $25.91 and a 52-week high of $39.71. The stock has a 50-day moving average of $27.05 and a 200-day moving average of $32.16. The company has a market cap of $5.074 billion and a price-to-earnings ratio of 39.51.
A number of research firms have recently commented on IRM. Analysts at Robert W. Baird upgraded shares of Iron Mountain from a “neutral” rating to an “outperform” rating in a research note to investors on Monday, October 14th. They now have a $34.00 price target on the stock. On the ratings front, analysts at Barclays downgraded shares of Iron Mountain from an “equal weight” rating to an “underweight” rating in a research note to investors on Friday, October 11th. They now have a $23.00 price target on the stock, down previously from $30.00. Finally, analysts at Zacks reiterated a “neutral” rating on shares of Iron Mountain in a research note to investors on Friday, August 30th. They now have a $28.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $34.75.
Iron Mountain Incorporated (NYSE:IRM) is engaged in storing records, primarily paper documents and data backup media, and provide information management services.
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