Verra Mobility Corp expected to post earnings of 26 cents a share - Earnings Preview

Verra Mobility

26/02/2024 11:09

* Verra Mobility Corp  VRRM.OQ   VRRM.O  is expected to show
a
rise in quarterly revenue when it reports  results on February
29 for the period ending December 31 2023
    * The Mesa Arizona-based  company is expected to report a
8.9% increase in revenue to $202.706 million from $186.07
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data. (SAL is on Total Revenue Basis)
    * ​LSEG's mean analyst estimate for Verra Mobility Corp is
for
earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $25.00​, above​ its last closing price of $22.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.28        0.27       0.29      Beat    6.3
 Jun. 30 2023  0.27        0.27       0.29      Beat    5.7
 Mar. 31 2023  0.22        0.22       0.26      Beat    17.8​
 Dec. 31 2022  0.23        0.22       0.25      Beat    14.4
 ​​Sep.        0.27        0.27       0.27      Met     -0.2
 30 2022                                                
 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. 31 2021  0.23        0.22       0.25      Beat    14.2
 This summary was machine generated February 26 at 11:09 GMT. 
All figures in US dollars unless otherwise stated. (For
questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)