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Compared to Estimates, VAREX IMAGING (VREX) Q2 Earnings: A Look at Key Metrics

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VAREX IMAGING (VREX - Free Report) reported $216 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 1.5%. EPS of $0.21 for the same period compares to $0.26 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $217.2 million, representing a surprise of -0.55%. The company delivered an EPS surprise of -4.55%, with the consensus EPS estimate being $0.22.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how VAREX IMAGING performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- Industrial: $59.8 million versus $63.67 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +1.2% change.
  • Revenues- Medical: $156.2 million versus the two-analyst average estimate of $153.65 million. The reported number represents a year-over-year change of +1.6%.
  • Gross profit- Industrial: $22 million versus $23.21 million estimated by two analysts on average.
  • Gross profit- Medical: $50.6 million compared to the $49.24 million average estimate based on two analysts.

View all Key Company Metrics for VAREX IMAGING here>>>

Shares of VAREX IMAGING have returned +10.2% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #1 (Strong Buy), indicating that it could outperform the broader market in the near term.

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