Verra Mobility Corporation reports results for the quarter ended June 30 - Earnings Summary
Verra Mobility Corporation reports results for the quarter ended June 30 - Earnings Summary
Verra Mobility Corporation VRRM.OQ reported quarterly adjusted earnings of 38 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 34 cents. The mean expectation of eight analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 32 cents to 34 cents per share.
Revenue rose 11.7% to $263.59 million from a year ago; analysts expected $254.90 million.
Verra Mobility Corporation's reported EPS for the quarter was a loss of 32 cents.
The company reported a quarterly loss of $48.18 million.
Verra Mobility Corporation shares had risen by 31.3% this quarter and lost 75.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.4% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 8 "hold" and no "sell" or "strong sell." The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Verra Mobility Corporation is $7.50, about 25.6% above its last closing price of $5.58
This summary was machine generated from LSEG data August 5 at 09:53 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 |
Jun. 30 2026 | 0.33 | 0.38 | Beat |
Mar. 31 2026 | 0.24 | 0.25 | Beat |
Dec. 31 2025 | 0.31 | 0.30 | Missed |
Sep. 30 2025 | 0.34 | 0.37 | Beat |
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