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

Varex Imaging

02/05/2023 23:05

* Varex Imaging Corp  VREX.OQ  reported quarterly adjusted
earnings of 26 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 18 cents per share.
    * Revenue rose 6.3% to $228.20 million from a year ago;
analysts
expected $215.13 million. 
    * Varex Imaging Corp's reported EPS for the quarter was 10
cents​.
    * The mean earnings estimate of analysts had fallen by
about 31.3%
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 3.6% this
quarter and
lost 13.6% so far this year.
    * The company reported quarterly net income of $4.1 million.
    * Wall Street's median 12-month price target for Varex
Imaging
Corp is $36.00 
    * 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 LSEG Refinitiv data May
2 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.18           0.26           Beat
 Dec. 31 2022      0.20           0.21           Beat
 Sep. 30 2022      0.36           0.42           Beat
 Jun. 30 2022      0.25           0.37           Beat