Varex Imaging Corporation reports results for the quarter ended June 30 - Earnings Summary
Varex Imaging Corporation reports results for the quarter ended June 30 - Earnings Summary
Varex Imaging Corporation VREX.OQ reported quarterly adjusted earnings of 31 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of five analysts for the quarter was for earnings of 21 cents per share. Wall Street expected results to range from 18 cents to 23 cents per share.
Revenue rose 3.7% to $210.50 million from a year ago; analysts expected $213.94 million.
Varex Imaging Corporation's reported EPS for the quarter was 37 cents.
The company reported quarterly net income of $15.7 million.
Varex Imaging Corporation shares had risen by 19.0% this quarter and gained 6.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is "buy."
Wall Street's median 12-month price target for Varex Imaging Corporation is $18.95, about 2.6% above its last closing price of $18.46
This summary was machine generated from LSEG data August 10 at 11:00 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.21 | 0.31 | Beat |
Mar. 31 2026 | 0.21 | 0.21 | Met |
Dec. 31 2025 | 0.13 | 0.19 | Beat |
Sep. 30 2025 | 0.18 | 0.37 | Beat |
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Varex Imaging Corporation reports results for the quarter ended June 30 - Earnings Summary
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