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

Varex Imaging

01/02/2023 24:01

* Varex Imaging Corp  VREX.OQ  reported quarterly adjusted
earnings of 21 cents​​ per share for the quarter ended in
December. The mean expectation of four analysts for the quarter
was for earnings of 20 cents per share.
    * Revenue rose 3.4% to $205.60 million from a year ago;
analysts
expected $205.35 million. 
    * Varex Imaging Corp's reported EPS for the quarter was 8
cents​.
    * The mean earnings estimate of analysts had fallen by
about 14.5%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Varex Imaging Corp shares had risen by 3.0% this quarter.
    * The company reported quarterly net income of $3.1 million.
    * Wall Street's median 12-month price target for Varex
Imaging
Corp is $33.00 
    * 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." 

This summary was machine generated from Refinitiv data February
1 at 12:01 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.20           0.21           Beat
 Sep. 30 2022      0.36           0.42           Beat
 Jun. 30 2022      0.25           0.37           Beat
 Mar. 31 2022      0.23           0.37           Beat