Varex Imaging Corp expected to post earnings of 25  cents a share - Earnings Preview

Varex Imaging

29/07/2022 22:53

* Varex Imaging Corp  VREX.OQ   VREX.O  is expected to show
a fall
in quarterly revenue when it reports  results on August 2. 
    * The Salt Lake City Utah-based  company is expected to
report  a
2.1% decrease in revenue to $206.8 million from $211.2 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Varex Imaging Corp
is for
earnings of 25 cents per share. For the same quarter last year,
the company reported earnings of 40 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 $22.01. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.23        0.23       0.37      Beat    60.9
 Dec. 31 2022  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.        0.17        0.17       0.35      Beat    112.1
 31 2021                                                
 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
 This summary was machine generated July 29 at 21:53 GMT.  All
figures in US dollars  unless otherwise stated