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

Varex Imaging

15/11/2022 22:01

* Varex Imaging Corp  VREX.OQ  reported quarterly adjusted
earnings of 42 cents​​ per share for the quarter ended in
September. The mean expectation of four analysts for the quarter
was for earnings of 36 cents per share.
    * Revenue rose 2.3% to $231.40 million from a year ago;
analysts
expected $223.28 million. 
    * Varex Imaging Corp's reported EPS for the quarter was 32
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
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 4.4% this
quarter and
lost 30.1% so far this year.
    * The company reported quarterly net income of $13.1
million.
    * Wall Street's median 12-month price target for Varex
Imaging
Corp is $37.00 
    * 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 November
15 at 10:00 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.36           0.42           Beat
 Jun. 30 2022      0.25           0.37           Beat
 Mar. 31 2022      0.23           0.37           Beat
 Dec. 31 2021      0.28           0.25           Missed