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Stock impact report

Winners And Losers Of Q4: Verra Mobility (NASDAQ:VRRM) Vs The Rest Of The Electrical Systems Stocks [Yahoo! Finance]

Verra Mobility Corporation - Class A (VRRM) 
Last verra mobility corporation - class a earnings: 3/2 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Today we are looking at Verra Mobility (NASDAQ:VRRM) and the best and worst performers in the electrical systems industry. Like many equipment and component manufacturers, electrical systems companies are buoyed by secular trends such as connectivity and industrial automation. More specific pockets of strong demand include Internet of Things (IoT) connectivity and the 5G telecom upgrade cycle, which can benefit companies whose cables and conduits fit those needs. But like the broader industrials sector, these companies are also at the whim of economic cycles. Interest rates, for example, can greatly impact projects that drive demand for these products. The 15 electrical systems stocks we track reported a satisfactory Q4. As a group, revenues beat analysts' consensus estimates by 2.1% while next quarter's revenue guidance was 1.3% below. Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 10.9% since the latest earnings results. V Show less Read more
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