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

Verra Mobility

01/03/2023 23:41

* Verra Mobility Corp  VRRM.OQ  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in
December. The mean expectation of seven analysts for the quarter
was for earnings of 22 cents per share.
    * Revenue rose 9.5% to $186.07 million from a year ago;
analysts
expected $184.41 million. 
    * Verra Mobility Corp's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Verra Mobility Corp shares had risen by 24.6% this
quarter.
    * The company reported quarterly net income of $28.22
million.
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $18.50 
    * 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." 

This summary was machine generated from Refinitiv data March 1
at 11:41 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.22           0.25           Beat
 Sep. 30 2022      0.27           0.27           Met
 Jun. 30 2022      0.25           0.29           Beat
 Mar. 31 2022      0.20           0.20           Met