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

Verra Mobility

02/11/2022 22:05

* Verra Mobility Corp  VRRM.OQ  reported quarterly adjusted
earnings of 27 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 27 cents per share.
    * Revenue rose 21.9% to $197.66 million from a year ago;
analysts
expected $197.42 million. 
    * Verra Mobility Corp's reported EPS for the quarter was 15
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Verra Mobility Corp shares had risen by 9.0% this
quarter and
gained 8.6% so far this year.
    * The company reported quarterly net income of $24.58
million.
    * Wall Street's median 12-month price target for Verra
Mobility
Corp is $19.00 
    * 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 Refinitiv data November
2 at 10:05 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.27           0.27           Met
 Jun. 30 2022      0.25           0.29           Beat
 Mar. 31 2022      0.20           0.20           Met
 Dec. 31 2021      0.22           0.25           Beat