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

Varex Imaging

03/08/2021 23:18

* Varex Imaging Corp  VREX.OQ  reported quarterly adjusted
earnings of 40 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 27 cents per share.
* Revenue rose 23.4% to $211.20 million from a year ago; 
analysts expected $205.15 million. 
* Varex Imaging Corp's reported EPS for the quarter was 29
cents​.
* The mean earnings estimate of analysts had risen by
about 35.5% 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 0.5% this quarter and
gained 61.6% so far this year.
* The company reported quarterly net income of $12 million.
* Wall Street's median 12-month price target for Varex Imaging
Corp is $35.50 
* 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 August 3 at 10:18 p.m.  ​All
figures in US dollars unless otherwise stated