From MarketBeat:

Varex Imaging updated its second quarter earnings guidance for 2024. The company expects earnings per share (EPS) of 0.10-0.30 and revenue of $195.0-$215.0 million. Analysts have lowered their price target for VREX. The company’s stock has been trading at around $19.44. Varex Imaging last reported quarterly earnings data on November 14th, beating estimates with a revenue of $227.4 million.

The company’s stock was up 0.9% on Tuesday and has a 12 month low of $17.05 and a high of $23.90. Varex Imaging had a return on equity of 9.60% and a net margin of 5.40%. Sell-side analysts predict that Varex Imaging will post 1.02 EPS for the current year. Insider Kimberley E. Honeysett sold 6,174 shares of the company’s stock. Institutional investors have recently modified their holdings of Varex Imaging.

Varex Imaging designs, manufactures, and sells X-ray imaging components for medical and industrial use. The company’s two segments are Medical and Industrial. Varex Imaging Corporation is listed on NASDAQ as VREX.



Read more: Varex Imaging (NASDAQ:VREX) Releases Q2 2024 Earnings Guidance