Portsmouth, New Hampshire-based Iron Mountain Incorporated (IRM) is the global leader in storage and information management solutions. It offers digital transformation, data centers, secure records storage, information management, asset lifecycle management, secure destruction, and art storage. With a market cap of $29.1 billion, Iron Mountain serves over 240,000 customers globally. It is expected to announce its Q2 earnings before the market opens on Thursday, August 1.
Ahead of the event, analysts expect Iron Mountain to report an adjusted fund from operations (AFFO) of $1.01 per share, up 7.5% from $0.94 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s AFFO estimate in each of the past four quarters. Its AFFO per share for the last reported quarter grew 8.9% to $1.10, beating the projections by 11.1%.
