Varex Imaging Corp expected to post earnings of 17  cents a share - Earnings Preview

Varex Imaging

01/05/2021 01:22

* Varex Imaging Corp  VREX.OQ   VREX.O  is expected to show
a fall in quarterly revenue when it reports results on May 4.
* The Salt Lake City, Utah-based company is expected to report
 a 5.5% decrease in revenue to $186.103 million from $197
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data.​​
​* Refinitiv's mean analyst estimate for Varex Imaging Corp is
for earnings of 17 cents per share. For the same quarter last
year, the company reported earnings of 12 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months.​
* Wall Street's median 12-month price target for Varex Imaging
Corp is $29.5​, about 19.5% above​ its last closing price
of $23.74. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Dec. 31 2020  -0.04       -0.03      0.08      Beat    390.9
 Sep. 30 2020  -0.10       -0.10      -0.04     Beat    61
 Jun. 30 2020  -0.04       -0.01      -0.20     Missed  -1,900
                                                        ​
 Mar. 31 2020  0.34        0.35       0.12      Missed  -65.5
 Dec.          0.27​       0.26       0.21      Missed  -18​
 31​ 2019​                                              
 Sep. 30 2019  0.44        0.44       0.46      Beat    4.7​
 Jun. 30 2019  0.32        0.34       0.24      Missed  -28.9
 Mar. 31 2019  0.33        0.34       0.34      Met     1.4
 This summary was machine generated May 1 at 00:22 GMT.  All
figures in US dollars unless otherwise stated