Iron Mountain Reports Fourth Quarter and Full-Year 2019 Results
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Iron Mountain (IRM) Misses Q4 EPS by 1c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus, Provides FY20 EPS Views
February 13, 2020 6:05 AM ESTIron Mountain (NYSE: IRM) reported Q4 EPS of $0.31, $0.01 worse than the analyst estimate of $0.32. Revenue for the quarter came in at $1.08 billion versus the consensus estimate of $1.07 billion.
Financial Performance Highlights for the Fourth Quarter and Full-Year 2019
Total reported Revenues for the fourth quarter were $1.08 billion, compared with $1.06 billion in the fourth quarter of 2018. Excluding the impact of foreign exchange (FX), reported total Revenues grew 2.7% compared to the prior year, reflecting the benefits from revenue management and steady organic global volume trends. For full-year 2019, total reported Revenues were $4.26 billion, compared with $4.23... More