Verra Mobility Corp reports results for the quarter ended December 31 - Earnings Summary

Verra Mobility

28/02/2025 15:09

Verra Mobility Corp VRRM.OQ reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 24 cents.  The mean expectation of seven analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 29 cents to 31 cents per share.

Revenue rose 5% to $221.50 million from a year ago; analysts expected $220.47 million.

Verra Mobility Corp's reported EPS for the quarter was a loss of 41 cents​.

The company reported a quarterly loss of $66.66 million.

Verra Mobility Corp shares had risen by 7.3% this quarter.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.5% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

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 average consensus recommendation for the business support services peer group is also "buy"

Wall Street's median 12-month price target for Verra Mobility Corp is $30.00

This summary was machine generated from LSEG data February 28 at 03:09 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Dec. 31 2024
0.30
0.33
Beat
Sep. 30 2024
0.32
0.32
Met
Jun. 30 2024
0.30
0.31
Beat
Mar. 31 2024
0.26
0.27
Beat