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Compared to Estimates, Iron Mountain (IRM) Q1 Earnings: A Look at Key Metrics
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Iron Mountain (IRM - Free Report) 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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Compared to Estimates, Iron Mountain (IRM) Q1 Earnings: A Look at Key Metrics
Iron Mountain (IRM - Free Report) 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.
View all Key Company Metrics for Iron Mountain here>>>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.