IRM

IRM’s Earnings Track Record: 8 for 8 Beats and a Positive Post-Event Drift

Over the trailing eight reported quarters, IRM has beaten the consensus EPS estimate each time, giving the stock a beat rate of 8/8, or 100%. The average earnings surprise across those eight prints is 22.4%, a sizeable premium to the published analyst number. That top-line statistic includes a wide distribution of outcomes. For example, on 2026-02-12 the company reported actual EPS of $1.44 versus an estimate of $0.588, a 144.9% surprise, while the most recent report on 2026-04-30 delivered actual EPS of $0.60 versus a $0.501 estimate, a 19.8% beat. The 2025-08-06 report produced a 4.2% surprise with actual EPS of $1.24 versus an estimate of $1.19, and 2025-11-05 delivered $1.32 versus $1.29, only a 2.3% surprise. Across all eight quarters, the average 5-day price move in the five trading days after earnings is 1.67%, and the drift direction is classified as “up.” That means, on average, the stock has continued to edge higher in the week following the release, although individual observations vary.

Options Flow Around the Next Report

IRM is scheduled to report next on 2026-08-05 before the market open, with the current consensus EPS estimate at $0.543. As of the snapshot, the stock trades at $124.52, carries a 51.2 RSI, and has a 50-day EMA of $123.50. Heading into that print, options markets typically price in a binary event premium: both call and put implied volatilities expand as traders position for the earnings gap. After the release, once uncertainty collapses, options sellers often benefit from volatility crush unless the stock makes a directional move larger than the priced expectation. The market’s real expectation is implied by the nearest-dated straddle and can be compared directly against IRM’s historical next-day reactions. Those reactions have ranged from +0.39% on 2025-11-05 after the 2.3% surprise to +3.61% on 2026-02-12 after the 144.9% surprise, suggesting that the magnitude of the beat relative to the estimate—not just the beat itself—drives the opening gap.

What a Disciplined Trader Watches

A disciplined trader treats the 100% beat rate and the 22.4% average surprise as a baseline, not a guarantee. The 1.67% average five-day up drift tells them to watch whether post-announcement follow-through appears, rather than simply fading the gap. Key levels to monitor include the $123.50 50-day EMA versus the $124.52 current price; a post-earnings close above or below that moving average can confirm or reject short-term momentum. Volume, the spread between actual and estimated EPS, and any revision in forward guidance matter as much as the headline beat. Risk controls are especially important because the five-day drift has not been uniform: it was -2.37% following the 2025-11-05 report despite a next-day gain of 0.39%, while it was +4.05% after the 2026-02-12 print. Traders should also compare the options-implied move for the August 2026 expiry against the historical average to see whether the market is pricing a larger or smaller move than history suggests.

Deeper Institutional Context

For a more complete picture ahead of the 2026-08-05 report, readers can review the full institutional verdict, which layers management commentary, sector dynamics for Real Estate / REIT – Specialty, and consensus revisions around the $0.543 estimate.