
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. 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.
Verra Mobility (NASDAQ: VRRM)
Aiming to wrap technology and data around a historically manual and paper-based industry, Verra Mobility (NASDAQ: VRRM) is a leading provider of smart mobility technology to address tolls and violations, title and registration services, as well as safety and traffic enforcement.
Verra Mobility reported revenues of $257.9 million, up 16.4% year on year. This print exceeded analysts’ expectations by 6.7%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts’ adjusted operating income estimates and a significant miss of analysts’ EPS estimates.

Verra Mobility scored the biggest analyst estimates beat of the whole group. Still, the market seems discontent with the results. The stock is down 5.5% since reporting and currently trades at $15.25.
Is now the time to buy Verra Mobility? Access our full analysis of the earnings results here, it’s free.
Best Q4: LSI (NASDAQ: LYTS)
Enhancing commercial environments, LSI (NASDAQ: LYTS) provides lighting and display solutions for businesses and retailers.
LSI reported revenues of $147 million, flat year on year, outperforming analysts’ expectations by 4.9%. The business had a stunning quarter with a solid beat of analysts’ EBITDA estimates and an impressive beat of analysts’ revenue estimates.

Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 5.5% since reporting. It currently trades at $19.27.
Is now the time to buy LSI? Access our full analysis of the earnings results here, it’s free.
Weakest Q4: Whirlpool (NYSE: WHR)
Credited with introducing the first automatic washing machine, Whirlpool (NYSE: WHR) is a manufacturer of a variety of home appliances.
Whirlpool reported revenues of $4.10 billion, flat year on year, falling short of analysts’ expectations by 3.7%. It was a softer quarter as it posted a significant miss of analysts’ revenue estimates and a significant miss of analysts’ EBITDA estimates.
Whirlpool delivered the weakest performance against analyst estimates in the group. As expected, the stock is down 29.1% since the results and currently trades at $57.30.
Read our full analysis of Whirlpool’s results here.
Allegion (NYSE: ALLE)
Allegion plc (NYSE: ALLE) is a provider of security products and solutions that keep people and assets safe and secure in various environments.
Allegion reported revenues of $1.03 billion, up 9.3% year on year. This number met analysts’ expectations. Aside from that, it was a softer quarter as it produced a significant miss of analysts’ EBITDA estimates and a miss of analysts’ adjusted operating income estimates.
The stock is down 19.5% since reporting and currently trades at $144.50.
Read our full, actionable report on Allegion here, it’s free.
Methode Electronics (NYSE: MEI)
Founded in 1946, Methode Electronics (NYSE: MEI) is a global supplier of custom-engineered solutions for Original Equipment Manufacturers (OEMs).
Methode Electronics reported revenues of $233.7 million, down 2.6% year on year. This result surpassed analysts’ expectations by 6.5%. Zooming out, it was a slower quarter as it recorded full-year EBITDA guidance missing analysts’ expectations significantly and a significant miss of analysts’ EBITDA estimates.
Methode Electronics delivered the highest full-year guidance raise among its peers. The stock is down 29.9% since reporting and currently trades at $5.30.
Read our full, actionable report on Methode Electronics here, it’s free.
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