India, Aug. 6 -- While reporting financial results for the second quarter on Wednesday, Iron Mountain Inc. (IRM) raised its adjusted funds from operations or AFFO, and revenue guidance for the prior full-year 2025, driven by strong operational outperformance.
For fiscal 2025, the company now projects AFFO in a range of $5.04 to $5.13 per share on total revenues between $6.79 billion and $6.94 billion. Previously, the company expected adjusted funds from operations or AFFO, in a range of $4.95 to $5.05 per share on total revenues between $6.74 billion and $6.89 billion.
On average, analysts polled expect the company to report earnings of $2.03 per share on revenues of $6.79 billion for the year. Analysts' estimates typically exclude specia...