Varex Imaging Corp expected to post earnings of 27 cents a share - Earnings Preview

Varex Imaging

31/07/2021 24:50

* Varex Imaging Corp  VREX.OQ   VREX.O  is expected to show a
rise in quarterly revenue when it reports results on August 3. 
* The Salt Lake City, Utah-based company is expected to report 
 a 19.8% increase in revenue to $205.146 million from $171.2
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Varex Imaging Corp is
for earnings of 27 cents per share. For the same quarter last
year, the company reported a loss of 20 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"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 $35.5​, about 23.1% above​ its last closing price
of $27.30. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.17        0.17       0.35      Beat    112.1
 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.          0.34​       0.35       0.12      Missed  -65.5​
 31​ 2020​                                              
 Dec. 31 2019  0.27        0.26       0.21      Missed  -18​
 Sep. 30 2019  0.44        0.44       0.46      Beat    4.7
 Jun. 30 2019  0.32        0.34       0.24      Missed  -28.9
 This summary was machine generated July 30 at 23:50 GMT.  All
figures in US dollars unless otherwise stated