PORTSMOUTH, N.H. (AP) — PORTSMOUTH, N.H. (AP) — Iron Mountain Inc. (IRM) on Wednesday reported a loss of $44.9 million in its second quarter.
The Portsmouth, New Hampshire-based company said it had a loss of 15 cents per share. Earnings, adjusted for non-recurring costs, came to $1.24 per share.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.19 per share.
The real estate investment trust posted revenue of $1.71 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.68 billion.
Iron Mountain expects full-year earnings in the range of $5.04 to $5.13 per share, with revenue in the range of $6.79 billion to $6.94 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on IRM at https://www.zacks.com/ap/IRM
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