Verra Mobility: Q2 Earnings Insights

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Verra Mobility VRRM reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Verra Mobility beat estimated earnings by 20.83%, reporting an EPS of $0.29 versus an estimate of $0.24.

Revenue was up $58.83 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.01 which was followed by a 13.15% increase in the share price the next day.

Here's a look at Verra Mobility's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.21 0.22 0.21 0.04
EPS Actual 0.20 0.25 0.27 0.10
Revenue Estimate 165.55M 158.34M 154.08M 110.19M
Revenue Actual 170.38M 169.98M 162.09M 128.66M

To track all earnings releases for Verra Mobility visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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