Verra Mobility Corp expected to post earnings of 22  cents a share - Earnings Preview

Verra Mobility

03/05/2023 03:09

* Verra Mobility Corp  VRRM.OQ   VRRM.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 4. 
    * The Mesa Arizona-based  company is expected to report  a
7.3% increase in revenue to $182.834 million from $170.39
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Verra Mobility Corp
is
for earnings of 22 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months. ​
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $20​, above​ its last closing price of $16.64. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.23        0.22       0.25      Beat    14.4
 Sep. 30 2022  0.27        0.27       0.27      Met     -0.2
 Jun. 30 2022  0.25        0.25       0.29      Beat    17.2​
 Mar. 31 2022  0.20        0.20       0.20      Met     -2.3
 ​​Dec.        0.23        0.22       0.25      Beat    14.2
 31 2021                                                
 Sep. 30 2021  0.22        0.21       0.27      Beat    27.5​
 Jun. 30 2021  0.13        0.13       0.10      Missed  -24.7
 Mar. 31 2021  -0.01       0.04       -0.02     Missed  -148.9
 This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated