IRM's strong cash flows in the storage and records management business and a focus on the data center business are upsides. Competition and high interest rates are concerns.

The State Of REITs: November 2024 Edition

09:04am, Monday, 25'th Nov 2024
The REIT sector snapped a 5-month winning streak with a -3.42% average total return in October. Micro cap (-2.04%) and mid-cap (-2.30%) REITs averaged modest declines in October, while large caps (-3.
IRM acquires data center development sites in Richmond, VA and Manassas, VA, to strengthen its global data center portfolio.
PORTSMOUTH, N.H.--(BUSINESS WIRE)--Iron Mountain (NYSE: IRM), a global leader in information management services, has acquired two data center development sites in Virginia - adding significant planne
Iron Mountain Incorporated (NYSE:IRM ) JPMorgan Ultimate Services Investor Conference November 14, 2024 1:50 PM ET Company Participants Barry Hytinen - CFO Conference Call Participants Alex Hess - JPM
Subscribers to Schaeffer's Weekend Trader options recommendation service received this IRM commentary on Sunday night, along with a detailed options trade recommendation -- including complete entry an
Strong cash flows from the storage and records management businesses, data-center business expansion and healthy balance sheet are likely to support IRM.
Successful investing requires second-level thinking, which involves deeper analysis beyond simple formulas, as highlighted by Howard Marks in "The Most Important Thing". Iron Mountain's transformation
IRM's Q3 results reflect a year-over-year rise in revenues and adjusted EBITDA.
IRM's Q3 results reflect a year-over-year rise in revenues backed by solid storage and service segments and the data-center business performance.
Iron Mountain Incorporated (NYSE:IRM ) Q3 2024 Earnings Conference Call November 6, 2024 8:30 AM ET Company Participants Gillian Tiltman - SVP & Head, IR William Meaney - President & CEO Barry Hytinen
Although the revenue and EPS for Iron Mountain (IRM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wal
Iron Mountain (IRM) came out with quarterly funds from operations (FFO) of $1.13 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to FFO of $0.99 per share a year ago.
Iron Mountain on Wednesday posted a rise in its funds from operations (FFO) for the third quarter, driven by robust demand for its data centers.
IRM's Q3 results are likely to show strength in core storage and record management businesses and solid data center demand, despite higher interest expenses.
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