Iron Mountain, Inc. (IRM) Tops Q3 EPS by 3c; Sees Less Positive FX Impact
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Price: $129.43 +2.22%
Financial Fact:
Selling, general and administrative: 252.94M
Today's EPS Names:
SVBT, ZEO, OTLK, More
Financial Fact:
Selling, general and administrative: 252.94M
Today's EPS Names:
SVBT, ZEO, OTLK, More
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Iron Mountain, Inc. (NYSE: IRM) reported Q3 EPS of $0.37, $0.03 better than the analyst estimate of $0.34. Revenue for the quarter came in at $772 million versus the consensus estimate of $772.4 million.
Iron Mountain said, "Due to the recent strengthening of the U.S. dollar against all of our major foreign currencies, the full year positive impact of exchange rate changes will be less than originally anticipated. We now expect that the benefits of foreign currency exchange rate changes and acquisitions will add approximately 2% to revenue growth down from previous estimates of approximately 3%."
Iron Mountain said, "Due to the recent strengthening of the U.S. dollar against all of our major foreign currencies, the full year positive impact of exchange rate changes will be less than originally anticipated. We now expect that the benefits of foreign currency exchange rate changes and acquisitions will add approximately 2% to revenue growth down from previous estimates of approximately 3%."
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