Varex Imaging Corp reports results for the quarter ended December 31 - Earnings Summary

Varex Imaging

07/02/2025 01:13

* Varex Imaging Corp  VREX.OQ  reported quarterly adjusted
earnings of 7 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 6 cents.  The mean expectation of four analysts
for the quarter was for earnings of 4 cents per share. Wall
Street expected results to range from 2 cents to 5 cents per
share.
    * Revenue rose 15.2% to $218.80 million from a year ago;
analysts
expected $202.15 million. 
    * Varex Imaging Corp's reported EPS for the quarter was a
loss of
1 cent​.
    * The company reported a quarterly loss of $300 thousand.
    * Varex Imaging Corp shares had fallen by 0.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 4.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "buy"

Wall Street's median 12-month price target for Varex Imaging
Corp is $21.00 
This summary was machine generated from LSEG data February 7 at
01:12 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.04           0.07           Beat
 Sep. 30 2024      0.09           0.19           Beat
 Jun. 30 2024      0.19           0.14           Missed
 Mar. 31 2024      0.21           0.16           Missed