Why Is Iron Mountain Stock Plunging On Wednesday?
Why Is Iron Mountain Stock Plunging On Wednesday?
Total reported revenues (excluding the impact of foreign currency exchange) increased 12% compared to the prior year. This was driven by a 9% increase in storage rental revenue and a 17% increase in service revenue.Iron Mountain Inc. (NYSE: IRM) reported third-quarter financial results Wednesday before the bell, following which the stock price declined. Here are the key metrics from the quarter.
鐵山公司（紐交所：IRM）週三在交易開始前公佈了第三季度業績，隨後股價下跌。以下是該季度的關鍵指標。
Q3 Earnings Details: The company reported that the third quarter adjusted earnings per share was 44 cents. Quarterly revenue of $1.56 billion, beating the street view of $1.55 billion.
Q3盈利詳情：公司報告稱，第三季度調整後每股盈利爲44美分。季度營業收入爲15.6億美元，超過了市場預期的15.5億美元。
Also Read: Ferrari Slows Down, Q3 Shipment Drop Hits the Brakes On Stock Growth
另請閱讀：法拉利減速，第三季度出貨量下降打擊股價增長。
Total reported revenues (excluding the impact of foreign currency exchange) increased 12% compared to the prior year. This was driven by a 9% increase in storage rental revenue and a 17% increase in service revenue.
報告的總營業收入（不包括外匯兌換的影響）相比去年同期增長了12%。這主要是由存儲租賃收入增長9%和服務收入增長17%推動的。
On a constant currency basis, adjusted EBITDA increased by 14% in the quarter Y/Y, driven by the increase in Global Records Information Management (RIM), Asset Lifecycle Management (ALM), and data center.
按不變匯率計算，調整後的EBITDA在季度內同比增長了14%，這主要是由全球記錄信息管理（RIM）、資產生命週期管理（ALM）和idc概念的增長推動的。
AFFO was $332.0 million for the quarter, compared with $301.2 million last year, an increase of 10.2% driven by improved adjusted EBITDA. AFFO per share was $1.13, higher by 11% Y/Y.
本季度AFFO爲33200萬美元，去年爲3.01億美元，增長了10.2%，這主要得益於調整後的EBITDA的提高。每股AFFO爲1.13美元，同比增長了11%。
Iron Mountain's President and CEO, William L. Meaney, highlighted the team's remarkable strides toward ambitious growth goals, noting that the Project Matterhorn operating model elevates the business by delivering innovative, enhanced solutions for customers.
鐵山公司總裁兼首席執行官威廉·L·米尼強調團隊爲實現雄心勃勃的增長目標所做的顯著努力，並指出「瑪特霍恩項目」運營模式通過爲客戶提供創新的增強解決方案來推動業務。
Outlook: Iron Mountain affirmed full-year 2024 guidance towards the upper end of the guidance range for revenues of $6 billion–$6.15 billion versus the $6.24 billion estimate and AFFO per share of $4.39–$4.51.
展望：鐵山公司確認其2024財年的指引將營收範圍的上限設定爲60億至61.5億美元，而不低於市場預期的62.4億美元，並將每股AFFO預期定爲4.39至4.51美元。
Iron Mountain stock gained over 83% year-to-date.
鐵山股價今年以來上漲超過83%。
Iron Mountain Stock Prediction For 2024
2024年鐵山股票預測
When buying a stock for a longer time horizon, it is important for investors to assess where they think the stock is headed in the future.
當投資者考慮買入長期股票時，評估股票未來走勢的方向是非常重要的。
When mapping a stock's future trajectory, investors should consider factors including the future earnings expectations and expected performance against a benchmark.
在規劃股票未來發展方向時，投資者應該考慮的因素包括未來的盈利預期和預期表現相對於基準指數。
Iron Mountain's revenue has grown at an average rate of 9.53% annually over the past 5 years. The average 1-year price target from analysts is $136.0, representing an expected 19.13% upside in 2025.
鐵山的營業收入在過去5年中以平均9.53%的年增長率增長。分析師的平均1年價格目標爲136.0美元，預計2025年上漲19.13%。
While past performance is not a guarantee of future results, investors should also look at a stock's historical performance when compared to both a benchmark index and the company's peers. Shares of Iron Mountain have seen an annualized return of 44.62%, outperforming the S&P500 index by 37.48%. This compares to -0.5% growth in the overall Real Estate sector. Iron Mountain has a beta of 0.58.
雖然過去表現不代表未來結果，但投資者應該注意股票的歷史表現，與基準指數和公司同行對比。鐵山股票的年化回報率爲44.62%，表現優於S&P500指數37.48%。相比之下，房地產業整體增長爲-0.5%。鐵山的貝塔值爲0.58。
Price Action: IRM stock is down 9.38 to $113.94 at the last check on Wednesday.
股價走勢：IRm股票在週三最後一次交易時下跌9.38至113.94美元。
Also Read:
還閱讀：
- Fox Corp's Political Ad Revenue Surges, Tubi Growth Sparks Analyst Optimism
- 福克斯公司的政治廣告營業收入激增，Tubi的增長引發分析師的樂觀情緒
譯文內容由第三人軟體翻譯。
