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VERRA MOBILITY CORP (VRRM) Q4 Earnings and Revenues Beat Estimates
VRRMVerra Mobility(VRRM) ZACKS·2025-02-27 23:40

Group 1: Earnings Performance - Verra Mobility Corp (VRRM) reported quarterly earnings of 0.33pershare,exceedingtheZacksConsensusEstimateof0.33 per share, exceeding the Zacks Consensus Estimate of 0.30 per share, and up from 0.24pershareayearago,representinga100.24 per share a year ago, representing a 10% earnings surprise [1] - The company posted revenues of 221.5 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.01%, and an increase from year-ago revenues of 211.01million[2]Overthelastfourquarters,VerraMobilityhasconsistentlysurpassedconsensusEPSestimatesfourtimesandtoppedrevenueestimatesthreetimes[2]Group2:StockPerformanceandOutlookVerraMobilityshareshaveincreasedapproximately7.2211.01 million [2] - Over the last four quarters, Verra Mobility has consistently surpassed consensus EPS estimates four times and topped revenue estimates three times [2] Group 2: Stock Performance and Outlook - Verra Mobility shares have increased approximately 7.2% since the beginning of the year, compared to the S&P 500's gain of 1.3% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is 0.31 on revenues of 220.95million,andforthecurrentfiscalyear,itis220.95 million, and for the current fiscal year, it is 1.28 on revenues of $934.31 million [7] Group 3: Industry Context - The Security and Safety Services industry, to which Verra Mobility belongs, is currently ranked in the top 34% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Verra Mobility's stock performance [5][6]