RTTNews | Feb 24, 2021 06:17AM EST

06:16 Wednesday, February 24, 2021 (RTTNews.com) - While reporting financial results for the fourth quarter on Thursday, Iron Mountain Inc. (IRM) initiated its adjusted earnings and revenue guidance for the full-year 2021.

For fiscal 2021, the company now projects adjusted funds from operations in a range of $3.25 to $3.42 per share on revenues between $4.325 billion and $4.475 billion.

On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.38 per share on revenues of $4.28 billion for the year. Analysts' estimates typically exclude special items.

Iron Mountain's board of directors also declared a quarterly cash dividend of $0.6185 per share for the first quarter, payable on April 6, 2021, for shareholders of record on March 15, 2021.

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