Earnings Preview For Varex Imaging

Varex Imaging VREX is set to give its latest quarterly earnings report on Tuesday, 2021-11-16. Here's what investors need to know before the announcement. Analysts estimate that Varex Imaging will likely report

Varex Imaging VREX is set to give its latest quarterly earnings report on Tuesday, 2021-11-16. Here's what investors need to know before the announcement.

Analysts estimate that Varex Imaging will likely report an Earnings Per Share (EPS) of $0.37

Varex Imaging bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 48.15%, which was followed by a 1.74% increase in the share price the next day.

Here's a look at Varex Imaging's past performance and the resulting price change:

Stock Performance

Shares of Varex Imaging were trading at $27.55 as of November 12. Over the last 52-week period, shares are up 86.92%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here