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VAREX IMAGING (VREX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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VAREX IMAGING (VREX - Free Report) reported $210.5 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 3.7%. EPS of $0.31 for the same period compares to $0.18 a year ago.
The reported revenue represents a surprise of -2.8% over the Zacks Consensus Estimate of $216.57 million. With the consensus EPS estimate being $0.22, the EPS surprise was +40.91%.
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 compared to the $63.39 million average estimate based on two analysts. The reported number represents a change of -1.8% year over year.
Revenues- Medical: $156.2 million versus $153.02 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +9.9% change.
Gross profit- Industrial: $22 million versus $22.78 million estimated by two analysts on average.
Gross profit- Medical: $50.6 million versus $49.56 million estimated by two analysts on average.
Shares of VAREX IMAGING have returned +12.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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VAREX IMAGING (VREX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
VAREX IMAGING (VREX - Free Report) reported $210.5 million in revenue for the quarter ended June 2026, representing a year-over-year increase of 3.7%. EPS of $0.31 for the same period compares to $0.18 a year ago.
The reported revenue represents a surprise of -2.8% over the Zacks Consensus Estimate of $216.57 million. With the consensus EPS estimate being $0.22, the EPS surprise was +40.91%.
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:View all Key Company Metrics for VAREX IMAGING here>>>
Shares of VAREX IMAGING have returned +12.3% over the past month versus the Zacks S&P 500 composite's +3.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.