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

Verra Mobility

05/05/2023 07:34

* Verra Mobility Corp  VRRM.OQ  reported quarterly adjusted
earnings of 26 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 22 cents per share.
    * Revenue rose 12.6% to $191.90 million from a year ago;
analysts
expected $182.83 million. 
    * Verra Mobility Corp's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Verra Mobility Corp shares had fallen by 2.3% this
quarter and
gained 19.5% so far this year.
    * The company reported quarterly net income of $4.58
million.
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $20.00 
    * 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 LSEG Refinitiv data May
5 at 06:34 a.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.22           0.26           Beat
 Dec. 31 2022      0.22           0.25           Beat
 Sep. 30 2022      0.27           0.27           Met
 Jun. 30 2022      0.25           0.29           Beat