Verra Mobility Corp expected to post earnings of 27  cents a share - Earnings Preview

Verra Mobility

28/07/2023 12:31

* Verra Mobility Corp  VRRM.OQ   VRRM.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 1
(estimated). 
    * The Mesa Arizona-based  company is expected to report  a
5.6% increase in revenue to $197.95 million from $187.49 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Verra Mobility Corp
is
for earnings of 27 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $21.5​, above​ its last closing price of $20.00. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.22        0.22       0.26      Beat    17.8
 Dec. 31 2023  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.        0.20        0.20       0.20      Met     -2.3
 31 2022                                                
 Dec. 31 2021  0.23        0.22       0.25      Beat    14.2​
 Sep. 30 2021  0.22        0.21       0.27      Beat    27.5
 Jun. 30 2021  0.13        0.13       0.10      Missed  -24.7
 This summary was machine generated July 28 at 11:31 GMT.  All
figures in US dollars  unless otherwise stated