IRM to Report Q3 Earnings: Can It Regain Momentum?
Iron Mountain Incorporated (IRM), a leading provider of records management and data management solutions, has had a mixed performance in the stock market today over the past year. While analysts remain bullish with an average price target indicating a potential upside of 10.6%, IRM has underperformed the S&P 500 Index and the Real Estate Select Sector SPDR Fund. The company is expected to announce its third-quarter earnings on Wednesday, November 5, 2025.
IRM expects its full-year adjusted EPS to be in the range of $5.04 to $5.13, with revenue projected between $6.8 billion and $6.9 billion. In the upcoming earnings report, analysts anticipate an FFO of $1.14 per share, marking a significant 171.4% year-over-year increase. Despite higher interest expenses slightly impacting performance, IRM's Q2 results showed adjusted EPS of $1.24, surpassing expectations. For the full year, analysts predict an FFO of $4.51 per share, up 154.8% from fiscal 2024. IRM, valued at $30.8 billion by market cap, serves diverse industries such as banking, energy, and healthcare.
As IRM prepares to release its third-quarter earnings, investors will be watching closely to see if the company can maintain its bullish momentum despite recent underperformance against market indices. The upcoming earnings report will provide valuable insights into IRM's financial health and potential future growth.