Iron Mountain Stays Neutral
Posted on October 03, 2011 at 15:35 PM EDT
We reiterate our long-term Neutral recommendation on Iron Mountain Inc. (NYSE:IRM). The company reported second quarter 2011 earnings that were in line with the Zacks Consensus Estimate. Though revenues increased on a year-over-year basis, they missed the Zacks Consensus Estimate. Results were driven by continued strong performance in the storage segment, which benefited from strength [...]

We reiterate our long-term Neutral recommendation on Iron Mountain Inc. (NYSE:IRM). The company reported second quarter 2011 earnings that were in line with the Zacks Consensus Estimate.
Though revenues increased on a year-over-year basis, they missed the Zacks Consensus Estimate. Results were driven by continued strong performance in the storage segment, which benefited from strength in the International Physical segment and sustained growth in the North Americabusiness.
Positives were derived … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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