Iron Mountain Inc Q3 adjusted earnings Beat Estimates

(RTTNews) - Iron Mountain Inc (IRM) released earnings for its third quarter that increased from last year.

The company's profit came in at $67.14 million, or $0.23 per share. This compares with $24.34 million, or $0.09 per share, in last year's third quarter.

Excluding items, Iron Mountain Inc reported adjusted earnings of $141.11 million or $0.49 per share for the period.

Analysts had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.8% to $1.06 billion from $965.66 million last year.

Iron Mountain Inc earnings at a glance:

-Earnings (Q3): $141.11 Mln. vs. $89.49 Mln. last year. -EPS (Q3): $0.49 vs. $0.34 last year. -Analysts Estimate: $0.27 -Revenue (Q3): $1.06 Bln vs. $965.66 Mln last year.

-Guidance: Full year EPS guidance: $1.05 - $1.15 Full year revenue guidance: $4.27 - $4.33 Bln