Varex Imaging Corp expected to post earnings of 23  cents a share - Earnings Preview

Varex Imaging

30/04/2022 03:09

* Varex Imaging Corp  VREX.OQ   VREX.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 3. 
    * The Salt Lake City Utah-based  company is expected to
report  a
0.9% increase in revenue to $205.25 million from $203.5 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Varex Imaging Corp
is for
earnings of 23 cents per share. For the same quarter last year,
the company reported earnings of 35 cents per share.
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "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 $42​, above​ its last closing price of $19.85. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.29        0.28       0.25      Missed  -10.7
 Sep. 30 2021  0.37        0.37       0.45      Beat    22.7
 Jun. 30 2021  0.27        0.27       0.40      Beat    47.6​
 Mar. 31 2021  0.17        0.17       0.35      Beat    112.1
 ​​Dec.        -0.04       -0.03      0.08      Beat    390.9
 31 2020                                                
 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
 This summary was machine generated April 30 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated