Verra Mobility Q2 2024 Adj. EPS $0.31 Beats $0.30 Estimate, Sales $222.426M Beat $220.385M Estimate
Portfolio Pulse from Benzinga Newsdesk
Verra Mobility (NASDAQ:VRRM) reported Q2 2024 earnings of $0.31 per share, beating the analyst estimate of $0.30. Sales were $222.426 million, surpassing the $220.385 million estimate. Both earnings and sales showed significant year-over-year growth.
August 08, 2024 | 8:24 pm
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Verra Mobility (NASDAQ:VRRM) reported Q2 2024 earnings of $0.31 per share, beating the analyst estimate of $0.30. Sales were $222.426 million, surpassing the $220.385 million estimate. Both earnings and sales showed significant year-over-year growth.
The company exceeded both earnings and sales estimates, which is likely to positively impact the stock price in the short term. The year-over-year growth further strengthens the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100