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VRRM — Verra Mobility News Story

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Brief: Verra Mobility Q2 Adjusted EPS USD 0.34 Vs. IBES Estimate USD 0.33

Overview

Verra Mobility Q2 revenue rises 6% yr/yr, beating analyst expectations, per LSEG data

Adjusted EPS for Q2 beats consensus, reflecting strong operational performance

Company reaffirms 2025 full-year guidance despite potential travel demand challenges

Outlook

Verra Mobility reaffirms 2025 revenue guidance of $925 mln to $935 mln

Company maintains 2025 Adjusted EBITDA guidance of $410 mln to $420 mln

Verra Mobility expects 2025 Adjusted EPS of $1.30 to $1.35

Company anticipates 2025 Free Cash Flow of $175 mln to $185 mln

Result Drivers

GOVERNMENT SOLUTIONS - Revenue growth driven by expansion of enforcement programs, including bus lane and school bus stop arm initiatives

COMMERCIAL SERVICES - Increased product adoption and tolling activity contributed to revenue growth, particularly in European operations

PARKING SOLUTIONS - Revenue decline attributed to decreased subscription and professional services revenue, despite increased SaaS offerings

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$236 mln$232.80 mln (6 Analysts)
Q2 Adjusted EPSBeat$0.34$0.33 (7 Analysts)
Q2 Net Income$38.60 mln
Q2 Adjusted EBITDABeat$105.30 mln$103.50 mln (6 Analysts)
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the business support services peer group is "buy" Wall Street's median 12-month price target for Verra Mobility Corp is $29.75, about 15.5% above its August 5 closing price of $25.14 The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago Press Release: ID:nPn1y1mMla (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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