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

VAREX IMAGING (VREX) 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.Beyond Nvidia: AI's Second Wave Is HereThe AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. AI’s second wave is moving from infrastructure to implementation and these companies are at the forefront of this transition, positioned to become what Amazon and Google were to the internet era.See Stocks Now >>This article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks