Varex Imaging Q3 2024 Adj. EPS $0.14 Misses $0.19 Estimate, Sales $209.100M Miss $209.500M Estimate
Portfolio Pulse from Benzinga Newsdesk
Varex Imaging (NASDAQ:VREX) reported Q3 2024 earnings per share of $0.14, missing the analyst estimate of $0.19 by 26.32%. Sales were $209.1 million, slightly below the $209.5 million estimate and down 9.95% from the same period last year.
August 01, 2024 | 8:41 pm
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Varex Imaging reported Q3 2024 earnings per share of $0.14, missing the analyst estimate of $0.19 by 26.32%. Sales were $209.1 million, slightly below the $209.5 million estimate and down 9.95% from the same period last year.
The significant miss on EPS and slight miss on sales, combined with a year-over-year decline in both metrics, is likely to negatively impact Varex Imaging's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100