Iron Mountain Q2 2024 Earnings Preview

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Get ready to mark your calendars because the much anticipated second quarter financial results of Iron Mountain (NYSE: IRM) are set to be unveiled on Thursday 1st August 2024. Investors and market watchers will have the chance to dive into the company's financial performance as the announcement is scheduled before market open.It is anticipated by financial experts on Wall Street that the enterprise is set to announce an estimated $0.44 profit per share for the quarter. Additionally, the firm is expected to disclose a total revenue of $1.5 billion for this period.The company's earnings report for the corresponding quarter of the previous year showcased a per-share income of $0.4. This figure was a result of the company's total revenue, which reached an impressive $1358 million million during that specific period.Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $6.11 billion. Additionally, they are expecting the company to report profit of $1.91 per share for the fiscal year 2024.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Q1 2024 $0.43 +2.4% 1.48 B +12.4%
Q4 2023 $0.52 +20.9% 1.42 B +11.0%
Q3 2023 $0.45 -6.3% 1.39 B +7.9%
Q2 2023 $0.40 -13.0% 1.36 B +5.3%

*Growth on year-over-year basis

The business has scheduled a conference call on 1st August 2024 at 08:30 AM eastern time to discuss Q2 financial results.Iron Mountain (IRM) closed Wednesday's regular trading session at $102.56, marking a 1.25 percent increase. The stock fluctuated between $100.67 and $103.41 during the day, with a volume of 2.64 million shares.