Preview: Varex Imaging's Earnings

On Wednesday, August 12, Varex Imaging VREX will release its latest earnings report. Benzinga's outlook for Varex Imaging is included in the following report.

Earnings and Revenue

Analysts are predicting Varex Imaging will report EPS of $-0.01 per share on revenue of $171.09 million. Varex Imaging reported a per-share profit of $0.24 when it published results during the same quarter last year. Sales in that period totaled $196.70 million. Analysts estimate would represent a 104.17% decrease in the company's earnings. The company's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares are down 34.26%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Varex Imaging is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.vareximaging.com%2Fnews-and-events%2Fevents-and-presentations%2Fdefault.aspx&eventid=2396496&sessionid=1&key=387AAE038ED9206E41474E8CC4062B34&regTag=&sourcepage=register