Varex Imaging Corporation (VREX) Misses Q1 EPS by 17c, Miss on Revenues; Offers FY18 EPS Guidance Below Consensus

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Go back to Varex Imaging Corporation (VREX) Misses Q1 EPS by 17c, Miss on Revenues; Offers FY18 EPS Guidance Below Consensus

Varex Imaging (VREX) PT Lowered to $37 at JPMorgan on 'Lumpy F1Q Results, Tax Benefits to be Mostly Reinvested'

February 2, 2018 6:44 AM EST

JPMorgan lowered its price target on Varex Imaging (NASDAQ: VREX) to $37.00 (from $41.00) while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Paul Coster notes a cautious outlook on the shares, as VREX reported first quarter earnings per share and... More