Iron Mountain Incorporated (Del (IRM) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $0.64
- Estimate
- $0.61
- Surprise
- +4.6%
- Revenue (period 2026-09-30)
- $1.99B
- Score today
- 5.8/10
Revenue source: xbrl.
How the report landed
Iron Mountain Incorporated (Del (IRM) beat the $0.61 estimate with adjusted EPS of $0.64 — a clear 4.6% upside surprise.
Where TrendMatrix's rating stands now
TrendMatrix currently rates IRM Sell at 5.8/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +4.6% surprise compares with a +7.9% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
- Strong growth profile
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.9)
- Sector modifier (Real Estate): -1.2
- Negative momentum
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $105.75
- Price target
- $125.28
- Stop
- $100.34
- Upside to target
- +18.5%
- Reward-to-risk
- 2.2:1
The stock trades at 75.4× trailing but 38.6× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-06 — shown for context, not personalized investment advice.
IRM at TrendMatrix's latest read
REIT quarters hinge on occupancy, rate exposure, and FFO rather than headline EPS, which mechanically distorts under depreciation.
- Industry
- REIT - Specialty
- Market cap
- $31.41B
- P/E (fwd)
- 38.6
- P/E (ttm)
- 75.4
- 52-week range
- $77.77–$134.68
- Off 52-week high
- 21.5%
- RSI (14)
- 42
- Volume vs avg
- 0.47×
- Score today
- 5.8/10