Varex Imaging's Earnings: A Preview
Portfolio Pulse from Benzinga Insights
Varex Imaging (NASDAQ:VREX) is scheduled to release its quarterly earnings report on February 6, 2024, with analysts predicting an EPS of $0.11. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $19.19, reflecting a 1.47% increase over the last 52 weeks. Investors are advised to pay attention to the company's guidance for future quarters, as it often impacts stock price more significantly than earnings beats or misses.
February 05, 2024 | 7:01 pm
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Varex Imaging is anticipated to report an EPS of $0.11 for the upcoming quarter. Historical data shows variable stock price reactions to earnings reports and guidance. Currently, shares have seen a 1.47% increase over the past year.
Given Varex Imaging's mixed historical earnings performance and the significant role of guidance in influencing stock prices, the short-term impact on VREX's stock price is uncertain. The company's past earnings have shown both positive and negative reactions, making it challenging to predict the immediate market response. However, the overall positive year-over-year share performance indicates a generally favorable view from long-term investors.
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