Iron Mountain (NYSE:IRM) posted its quarterly earnings results on Thursday. The financial services provider reported $0.28 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.27 by $0.01, MarketWatch Earnings reports. Iron Mountain had a return on equity of 14.71% and a net margin of 5.49%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.05 billion. Iron Mountain updated its FY 2018 guidance to $2.41-2.47 EPS.
Shares of NYSE IRM traded down $2.22 on Friday, hitting $30.48. The company had a trading volume of 5,514,018 shares, compared to its average volume of 2,160,442. Iron Mountain has a 12-month low of $30.22 and a 12-month high of $41.53. The company has a debt-to-equity ratio of 4.18, a current ratio of 0.97 and a quick ratio of 0.98. The company has a market capitalization of $9.36 billion, a price-to-earnings ratio of 15.35 and a beta of 0.61.
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 3rd. Stockholders of record on Monday, December 17th will be given a $0.611 dividend. This is an increase from Iron Mountain’s previous quarterly dividend of $0.59. The ex-dividend date of this dividend is Friday, December 14th. This represents a $2.44 annualized dividend and a dividend yield of 8.02%. Iron Mountain’s dividend payout ratio is presently 110.33%.
Iron Mountain Company Profile
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 85 million square feet across more than 1,400 facilities in over 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts.
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