Varex Imaging (NASDAQ:VREX – Get Free Report) is set to announce its earnings results after the market closes on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Varex Imaging has set its Q2 guidance at $0.10-$0.30 EPS and its Q2 2024 guidance at 0.100-0.300 EPS.Investors that wish to register for the company’s conference call can do so using this link.
Varex Imaging (NASDAQ:VREX – Get Free Report) last issued its quarterly earnings data on Tuesday, February 6th. The company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.05). Varex Imaging had a return on equity of 9.21% and a net margin of 5.08%. The company had revenue of $190.00 million for the quarter, compared to the consensus estimate of $187.97 million. During the same period in the prior year, the company earned $0.08 EPS. The firm’s revenue was down 7.6% on a year-over-year basis. On average, analysts expect Varex Imaging to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Varex Imaging Stock Down 1.1 %
Shares of VREX stock opened at $17.08 on Thursday. The firm has a fifty day moving average of $17.41 and a 200-day moving average of $18.60. The company has a quick ratio of 2.37, a current ratio of 4.30 and a debt-to-equity ratio of 0.76. Varex Imaging has a 12-month low of $16.62 and a 12-month high of $23.90. The company has a market capitalization of $693.45 million, a price-to-earnings ratio of 17.79, a P/E/G ratio of 2.46 and a beta of 0.69.
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Varex Imaging Company Profile
Varex Imaging Corporation designs, manufactures, and sells X-ray imaging components. The company operates through two segments, Medical and Industrial. The Medical segment designs, manufactures, sells, and services X-ray imaging components, comprising X-ray tubes, digital detectors and accessories, ionization chambers, high voltage connectors, image-processing software and workstations, 3D reconstruction software, computer-aided diagnostic software, collimators, automatic exposure control devices, generators, and heat exchangers.
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