Varex Imaging Corp expected to post earnings of 37 cents a share - Earnings Preview

Varex Imaging

13/11/2021 24:47

* Varex Imaging Corp  VREX.OQ   VREX.O  is expected to show a
rise in quarterly revenue when it reports  results on November
16. 
* The Salt Lake City, Utah-based company is expected to report 
a 26.8% increase in revenue to $215.5 million from $170 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 37 cents per share. For the same quarter last
year, the company reported a loss of 4 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 $37​, about 25.5% above​ its last closing price
of $27.55. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2020  -0.04       -0.03      0.08      Beat    390.9​
 Sep. 30 2020  -0.10       -0.10      -0.04     Beat    61
 ​​Jun.        -0.04       -0.01      -0.20     Missed  -1,900
 30 2020                                                
 Mar. 31 2020  0.34        0.35       0.12      Missed  -65.5​
 Dec. 31 2019  0.27        0.26       0.21      Missed  -18
 Sep. 30 2019  0.44        0.44       0.46      Beat    4.7
 This summary was machine generated November 13 at 00:47 GMT. 
All figures in US dollars  unless otherwise stated