Verra Mobility (NASDAQ:VRRM) Releases Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Verra Mobility (NASDAQ:VRRM – Get Free Report) announced its earnings results on Friday. The company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.26 by $0.10, FiscalAI reports. Verra Mobility had a net margin of 4.40% and a return on equity of 64.39%. The business had revenue of $258.88 million during the quarter, compared to the consensus estimate of $240.57 million. During the same quarter in the previous year, the firm posted $0.37 EPS. Verra Mobility’s revenue was down 1.2% compared to the same quarter last year.

Verra Mobility Trading Down 16.2%

VRRM opened at $2.80 on Friday. Verra Mobility has a twelve month low of $2.60 and a twelve month high of $23.72. The company has a 50-day simple moving average of $3.43 and a 200 day simple moving average of $9.59. The company has a quick ratio of 1.96, a current ratio of 2.06 and a debt-to-equity ratio of 4.58. The stock has a market capitalization of $425.54 million, a price-to-earnings ratio of 10.77 and a beta of 0.42.

More Verra Mobility News

Here are the key news stories impacting Verra Mobility this week:

  • Positive Sentiment: Verra Mobility earned $0.36 per share, surpassing the $0.26 analyst consensus, while revenue of $258.9 million exceeded estimates of $240.6 million. The quarter also produced $40.4 million in net income and $114.5 million in operating cash flow. Verra Mobility Announces Third Quarter 2026 Financial Results
  • Positive Sentiment: Government Solutions delivered a record bookings quarter, excluding the period when Verra Mobility recorded the New York City Department of Transportation contract renewal. Management also reaffirmed its fiscal 2026 guidance, reducing the risk of an immediate outlook cut. Verra Mobility Q3 2026: EPS Beat Amid Leadership Shake-Up
  • Neutral Sentiment: Analysts cited an average price target of $6.83, substantially above the recent trading level, but the target reflects expectations that may not yet account for the company’s latest operating and leadership uncertainties. Verra Mobility Corp Stock Has Average Price Target of $6.83 According to Analysts
  • Negative Sentiment: Revenue declined 1.2% from the prior-year quarter, and EPS fell from $0.37 to $0.36 despite the consensus beat. The results therefore indicate limited top-line growth and year-over-year earnings pressure. Verra Mobility Surpasses Q3 Earnings and Revenue Estimates
  • Negative Sentiment: The board appointed Matthew Kvarda as interim chief financial officer, creating a leadership transition at a time when investors are already concerned about execution. Verra Mobility also provided an update on Commercial Services customer contracts, adding uncertainty around future revenue stability. Verra Mobility Delivers Impressive Q3 but Stock Drops

Analysts Set New Price Targets

A number of brokerages have commented on VRRM. Morgan Stanley set a $5.00 price objective on Verra Mobility in a report on Thursday, August 6th. Zacks Research raised Verra Mobility from a “strong sell” rating to a “hold” rating in a report on Thursday, August 13th. UBS Group boosted their target price on shares of Verra Mobility from $4.00 to $6.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. JPMorgan Chase & Co. decreased their price target on shares of Verra Mobility from $6.00 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Verra Mobility in a research report on Monday, September 14th. Nine research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Verra Mobility has an average rating of “Reduce” and an average price target of $6.83.

Get Our Latest Stock Analysis on VRRM

About Verra Mobility

(Get Free Report)

Verra Mobility Corporation (NASDAQ:VRRM) provides smart mobility technology and services designed to improve transportation safety, efficiency and compliance. The company develops cloud-based solutions that help government agencies, commercial fleets and mobility providers manage transportation-related processes and data.

Its government solutions include automated safety enforcement programs for red-light, speed, school-zone and bus-lane violations, as well as technology supporting school bus safety initiatives.

Further Reading

Earnings History for Verra Mobility (NASDAQ:VRRM)

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