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Sustainable Power & Infrastructure Split Corp Announces Exchange Ratios
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Iron Mountain Shares Cross 6% Yield Mark
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Iron Mountain Incorporated (NYSE:IRM) - Iron Mountain Beats On Q1 Earnings, Declares Q2 Dividend, Raises FY21 Guidance
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Iron Mountain Inc Q1 Earnings Retreat
WASHINGTON (dpa-AFX) - Iron Mountain Inc (IRM) released a profit for first quarter that fell from the same period last year.
The company s profit came in at $47 million, or $0.16 per share. This compares with $65 million, or $0.22 per share, in last year s first quarter.
Analysts had expected the company to earn $0.25 per share, according to figures compiled by Thomson Reuters. Analysts estimates typically exclude special items.
The company s revenue for the quarter rose 0.9% to $1.08 billion from $1.07 billion last year.
Iron Mountain Inc earnings at a glance:
-Earnings (Q1): $47 Mln. vs. $65 Mln. last year.
-EPS (Q1): $0.16 vs. $0.22 last year.
Iron Mountain Inc (IRM): Price Now Near $38.82; Daily Chart Shows An Uptrend on 20 Day Basis
Get Ratings)’s price is down $-0.32 (-0.82%) from the hour prior. IRM has seen its price go
down 8 out of the past 10 hours, thus creating some compelling opportunities for bears. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment meaning the trend across timeframes is inconsistent, indicating a potential
opportunity for rangebound traders.