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

Verra Mobility

01/11/2022 02:03

* Verra Mobility Corp  VRRM.OQ   VRRM.O  is expected to show
a
rise in quarterly revenue when it reports  results on November
2. 
    * The Mesa Arizona-based  company is expected to report  a
21.2% increase in revenue to $196.504 million from $162.1
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 $19​, above​ its last closing price of $17.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Sep. 30 2021  0.22        0.21       0.27      Beat    27.5
 ​​Jun.        0.13        0.13       0.10      Missed  -24.7
 30 2021                                                
 Mar. 31 2021  -0.01       0.04       -0.02     Missed  -148.9
                                                        ​
 Dec. 31 2020  0.02        0.01       -0.01     Missed  -171.4
 Sep. 30 2020  -0.02       -0.02      0.04      Beat    322.2
 This summary was machine generated November 1 at 02:02 GMT.  All
figures in US dollars  unless otherwise stated