Verra Mobility Corp expected to post earnings of 30 cents a share - Earnings Preview

Verra Mobility

07/08/2024 02:20

* Verra Mobility Corp  VRRM.OQ   VRRM.O  is expected to show
a
rise in quarterly revenue when it reports  results on August 8
for the period ending June 30 2024
    * The Mesa Arizona-based  company is expected to report a
7.8% increase in revenue to $220.385 million from $204.46
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Verra Mobility Corp is
for
earnings of 30 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 $28.50​, below​ its last closing price of $28.61. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.27        0.26       0.27      Beat    2.2
 Dec. 31 2024  0.26        0.26       0.24      Missed  -5.9
 Jun. 30 2023  0.28        0.27       0.29      Beat    6.3​
 Jun. 30 2023  0.27        0.27       0.29      Beat    5.7
 ​​Mar.        0.22        0.22       0.26      Beat    17.8
 31 2023                                                
 Dec. 31 2022  0.23        0.22       0.25      Beat    14.4​
 Jan. 1 0001   0.27        0.27       0.27      Met     -0.2
 Jan. 1 0001   0.25        0.25       0.29      Beat    17.2
 This summary was machine generated August 7 at 01:20 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)