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Stock impact report

Iron Mountain: 4Q Earnings Snapshot [Yahoo! Finance News]

Iron Mountain Incorporated (Delaware)Common Stock REIT (IRM) 
Last iron mountain incorporated (delaware)common stock reit earnings: 2/13 06:00 am Check Earnings Report
BOSTON AP) _ Iron Mountain Inc. IRM) on Thursday reported a key measure of profitability in its fourth quarter. The results exceeded Wall Street expectations. The real estate investment trust, based in Boston, said it had funds from operations of $187.2 million, or 65 cents per share, in the period. The average estimate of five analysts surveyed by Investment Research was for funds from operations of 63 cents per share. Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization. The company said it had net income of $37.7 million, or 13 cents per share. The real estate investment trust, based in Boston, posted revenue of $1.08 billion in the period, which also topped Street forecasts. Six analysts surveyed by expected $1.07 billion. For the year, the company reported funds from operations of $658.8 million. Revenue was reported as $4.26 billion. Iron Mountain expects full-year revenue in the Show less Read more
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