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

Varex Imaging

04/05/2022 02:07

* Varex Imaging Corp  VREX.OQ  reported quarterly adjusted
earnings of 37 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 23 cents per share.
    * Revenue rose 5.5% to $214.70 million from a year ago; 
analysts
expected $205.25 million. 
    * Varex Imaging Corp's reported EPS for the quarter was 18
cents​.
    * The mean earnings estimate of analysts had fallen by
about 30.3%
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 fallen by 8.9% this
quarter and
lost 38.5% so far this year.
    * The company reported quarterly net income of $7.6 million.
    * Wall Street's median 12-month price target for Varex
Imaging
Corp is $42.00 
    * The current average analyst rating on the shares is
"strong buy"
and the breakdown of recommendations is 3 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 

This summary was machine generated May 4 at 01:07 a.m.  ​All
figures in US dollars unless otherwise stated