Key Reasons to Add Iron Mountain (IRM) to Your Portfolio Now
Iron Mountain(IRM) Zacks Investment Research·2024-03-09 02:11
Iron Mountain Incorporated (IRM) is well-poised to benefit from its resilient business model and expansion into the data center business. Its solid balance sheet position also bodes well.Last month, this Boston, MA-based real estate investment trust (REIT) reported fourth-quarter adjusted funds from operations (AFFO) per share of $1.11, surpassing the Zacks Consensus Estimate of $1.05. Moreover, the figure improved 8.8% on a year-over-year basis, attributable to solid performances in the storage and service ...