Verra Mobility Sees FY24 Total Revenue At Upper-end Of Range Of $865M - $880M (Est $880.51M), Adjusted EPS At Upper-end Of Range Of $1.15 - $1.20 (Est $1.20)
Portfolio Pulse from Benzinga Newsdesk
Verra Mobility projects its FY24 total revenue to be at the upper end of the $865M - $880M range, aligning closely with the estimated $880.51M. The company also expects its adjusted EPS to be at the upper end of the $1.15 - $1.20 range, matching the estimated $1.20.
October 31, 2024 | 8:12 pm
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POSITIVE IMPACT
Verra Mobility expects its FY24 revenue and adjusted EPS to be at the upper end of their respective ranges, aligning with market estimates. This positive outlook may boost investor confidence.
The company's guidance for FY24 revenue and adjusted EPS being at the upper end of the range suggests strong performance expectations. This aligns with market estimates, which could positively influence investor sentiment and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100