Zacks Investment Research
05 Nov 2026, 16:46 UTC · 1h ago
IRM Q3 AFFO Beats Estimates on Data Center and ALM Growth
Impact · against what's priced in
Iron Mountain's Q3 results show strong momentum in high-growth segments, particularly data centers and asset lifecycle management, leading to an AFFO beat. While the stock faced immediate selling pressure, the operational acceleration in data center revenues (34% growth) and organic top-line strength provide a positive catalyst for valuation revisions.
- IRM+0.50
No priced-in read yet
- In context
Q3 AFFO of $1.53 per share beat consensus by 4.1%, driven by 34% growth in data center revenues and 43% growth in asset lifecycle management.
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