Verra Mobility (VRRM) Tops Q2 EPS by 6c, Offers Guidance

Verra Mobility (NASDAQ: VRRM) reported Q2 EPS of $0.10, $0.06 better than the analyst estimate of $0.04. Revenue for the quarter came in at $128.7 million versus the consensus estimate of $110.19 million.

GUIDANCE:

Verra Mobility sees FY2021 revenue of $510-530 million, versus the consensus of $491 million.

• Consolidated Adjusted EBITDA, which includes contribution from Redflex is expected to be in the range of $240 to $245 million as compared to $181.8 million in 2020 and $241.4 million in 2019.

For earnings history and earnings-related data on Verra Mobility (VRRM) click here.

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