Investing.com - Iron Mountain reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Iron Mountain announced earnings per share of $0.48 on revenue of $1.29B. Analysts polled by Investing.com EPS of $0.44 on revenue of $1.31B.
Iron Mountain 's are up 17.25% and is trading at $49.18 , still down 16.09% from its 52 week high of $58.61 set on Thursday, April 21, 2022.
Iron Mountain follows other major Real Estate sector earnings this month
Iron Mountain's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.75B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
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