Iron Mountain Incorporated 2Q Earnings Pregame Scorecard
Having met analysts' estimates last quarter, Iron Mountain Incorporated (NYSE:IRM) is expected to deliver its latest earnings on Thursday, July 26, 2012.
Expectations
Analysts currently expect Iron Mountain Incorporated to come in with earnings of 31 cents per share on revenues of $761.2 million. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 32 cents.
Stock Movement
The biggest recent change for the stock came on June 6, 2012, when it rose $3.92 per share to $32.32.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as five analysts rate it as a buy and there are no sell ratings. Wall Street has warmed to the stock over the past three months, with the average analyst estimate increasing to Moderate buy from Hold.
Last Quarter's Results
In the first quarter, profit fell 24.7% to $55.4 million (32 cents a share) from $73.5 million (37 cents a share) the year earlier, meeting analyst expectations. Revenue fell 6.6% to $746.5 million from $799 million.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: 31 cents
Revenue Estimate: $761.2 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)