Verra Mobility: Q2 Earnings Insights

Verra Mobility (NASDAQ: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.

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.

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.