Varex Imaging (NASDAQ:VREX) is gearing up to announce its quarterly earnings on Tuesday, 2024-11-19. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Varex Imaging will report an earnings per share (EPS) of $0.09.
Investors in Varex Imaging are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Past Earnings Performance
Last quarter the company missed EPS by $0.05, which was followed by a 9.04% drop in the share price the next day.
Here's a look at Varex Imaging's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.19 | 0.21 | 0.11 | 0.35 |
| EPS Actual | 0.14 | 0.16 | 0.06 | 0.45 |
| Price Change % | -9.0% | -5.0% | -9.0% | -1.0% |
Stock Performance
Shares of Varex Imaging were trading at $13.7 as of November 15. Over the last 52-week period, shares are down 28.77%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Varex Imaging visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.