Earnings Preview: Verra Mobility
Portfolio Pulse from Benzinga Insights
Verra Mobility (NASDAQ:VRRM) is scheduled to release its quarterly earnings report on Thursday, 2024-02-29, with an expected EPS of $0.26. Historically, the company has surpassed EPS estimates, leading to positive stock price movements. Shares are currently trading at $21.55, reflecting a 21.13% increase over the last year. Investors are optimistic, particularly looking for positive future guidance.
February 28, 2024 | 3:01 pm
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Verra Mobility is expected to report an EPS of $0.26 for the quarter. Historical performance shows positive stock movement post-earnings, with shares currently up 21.13% YOY.
Verra Mobility has a history of surpassing EPS estimates, which has previously led to positive stock price movements. Given the company's past performance and the current positive trend in its stock price, there is a strong likelihood of a positive short-term impact on VRRM's stock price, especially if the company beats the EPS estimate again and provides optimistic future guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100