Verra Mobility Q3 Adj EPS $0.29 Beats $0.27 Estimate, Sales $209.90M Beat $208.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Verra Mobility (NASDAQ:VRRM) reported Q3 earnings of $0.29 per share, beating the analyst consensus estimate of $0.27 by 7.41%. This is a 7.41% increase from the same period last year. The company also reported quarterly sales of $209.90 million, beating the analyst consensus estimate of $208.97 million by 0.45%. This is a 6.19% increase from the same period last year.
November 09, 2023 | 10:25 pm
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POSITIVE IMPACT
Verra Mobility's Q3 earnings and sales exceeded analyst estimates, indicating a positive financial performance.
Verra Mobility reported better than expected Q3 earnings and sales, which is a positive signal for the company's financial performance. This could lead to increased investor confidence and potentially a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100