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

Verra Mobility

10/08/2023 02:10

* Verra Mobility Corp  VRRM.OQ  reported quarterly adjusted
earnings of 29 cents​​ per share for the quarter ended in June.
The mean expectation of seven analysts for the quarter was
for earnings of 27 cents per share.
    * Revenue rose 9.1% to $204.46 million from a year ago;
analysts
expected $198.02 million. 
    * Verra Mobility Corp's reported EPS for the quarter was 13
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Verra Mobility Corp shares had risen by 3.5% this
quarter and
gained 47.6% so far this year.
    * The company reported quarterly net income of $19.11
million.
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $23.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 01:10 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.27           0.29           Beat
 Mar. 31 2023      0.22           0.26           Beat
 Dec. 31 2022      0.22           0.25           Beat
 Sep. 30 2022      0.27           0.27           Met