Baird Downgrades Varian Medical (VAR) to Neutral
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Varian Medical Systems (VAR) Trims FY15 EPS Outlook
October 19, 2015 4:08 PM EDTVarian Medical Systems (NYSE: VAR) that it expects to report lower earnings for fiscal year 2015 than was previously guided in its earnings report for the third quarter of the fiscal year. The company now expects non-GAAP net earnings will be approximately $4.29 per diluted share and that GAAP net earnings will be approximately $4.09 per diluted share. The company continues to expect that revenues for the year will grow by about 2 percent, or 6 percent on a constant currency basis. These preliminary results are subject to revision due to the completion of the company's financial closing procedures, final... More
