NASDAQ$VRRM
Verra Mobility Corporation · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Verra Mobility reported a net loss for Q4 2024 due to an impairment charge, despite revenue and adjusted EPS growth.
Verra Mobility's Q4 2024 revenue increased by 5% year-over-year to $221.5 million, driven by growth in the Commercial Services and Government Solutions segments. However, the company reported a net loss of $66.7 million, primarily due to a $97.1 million goodwill impairment in the Parking Solutions segment. Adjusted EPS improved to $0.33 from $0.24 in Q4 2023, and adjusted EBITDA grew to $102.0 million.
- Total revenue increased by 5% year-over-year to $221.5 million.
- Net loss of $66.7 million due to a $97.1 million goodwill impairment.
- Adjusted EPS increased to $0.33 from $0.24 in Q4 2023.
- Free cash flow improved to $21.6 million from $19.2 million.
Headline financials
Revenue & EPS history
Verra Mobility · Revenue · Quarterly
$222M
Revenue by segment
Verra Mobility · $210M total across 3 segments · Q3 2023
- Commercial Services$98.1M+13.9%46.7%
- Government Solutions$90.3M+0.7%43.0%
- Parking Solutions$21.5M-1.8%10.2%
Forward guidance
Verra Mobility expects continued revenue growth in 2025, driven by resilient travel demand in Commercial Services and expansion in Government Solutions.
Tailwinds
- Revenue projected to reach $925M to $935M in FY 2025.
- Adjusted EBITDA expected to be between $410M and $420M.
- Adjusted EPS guidance set at $1.30 to $1.35.
- Free cash flow projected between $175M and $185M.
- Net leverage expected to decrease to approximately 2.0x.
Headwinds
- Higher interest expense estimated at $70M for FY 2025.
- Depreciation and amortization expenses expected to reach $110M.
- Cash taxes projected at $65M, increasing tax burden.
- Capital expenditures expected to rise to $90M.
- Working capital changes forecasted to result in a $15M cash outflow.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2024
+0.0%
Avg return
Earnings day
-0.7%
Avg return
5 days after
-0.4%
Avg return
30 days after
51%
18 / 35 earnings
Positive
+9.4%
Q1 2024
Best reaction
-18.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.2% | -4.8% | -70.3% | |
| Q4 2025 | -13.6% | -10.7% | -25.8% | |
| Q3 2025 | -2.5% | -3.0% | -7.1% | |
| Q1 2025 | +9.1% | +6.0% | +9.7% | |
| Q4 2024 | -11.8% | -16.5% | -22.2% | |
| Q3 2024 | -12.2% | -12.2% | -10.1% | |
| Q2 2024 | +0.6% | -0.6% | -4.3% | |
| Q1 2024 | +9.4% | +11.9% | +12.4% | |
| Q4 2023 | +6.1% | +0.2% | +15.8% | |
| Q3 2023 | +4.6% | +2.5% | +8.2% | |
| Q2 2023 | -1.4% | -5.4% | -13.5% | |
| Q1 2023 | +6.1% | +4.5% | +12.7% | |
| Q4 2022 | +3.0% | +2.0% | -1.8% | |
| Q3 2022 | -18.7% | -22.3% | -5.9% | |
| Q2 2022 | +4.7% | -1.3% | -4.0% | |
| Q1 2022 | +7.2% | +10.3% | +21.7% | |
| Q4 2021 | -1.9% | -6.5% | +2.4% | |
| Q3 2021 | +0.1% | +1.4% | -8.1% | |
| Q2 2021 | +6.0% | +4.4% | -1.8% | |
| Q1 2021 | -0.2% | +1.5% | +1.9% | |
| Q4 2020 | -2.5% | +2.2% | -5.0% | |
| Q3 2020 | +0.9% | +18.5% | +28.0% | |
| Q2 2020 | +3.2% | +2.6% | -6.7% | |
| Q1 2020 | +5.0% | +6.0% | +30.3% | |
| Q4 2019 | -3.9% | -20.4% | -58.5% | |
| Q3 2019 | +2.7% | +0.6% | -2.9% | |
| Q2 2019 | +6.5% | +8.6% | +10.4% | |
| Q1 2019 | +3.0% | +4.7% | +13.6% | |
| Q4 2017 | -1.9% | -2.7% | +25.1% | |
| Q2 2018 | -1.9% | -2.7% | +25.1% | |
| Q4 2018 | -1.9% | -2.7% | +25.1% | |
| Q3 2018 | +4.4% | +3.7% | -1.8% | |
| Q1 2018 | +0.0% | -0.2% | -0.1% | |
| Q2 2017 | +0.0% | -0.5% | -1.1% | |
| Q1 2017 | -5.6% | -3.2% | -4.0% |
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