Home Markets Earnings Estimate Forecast on Varian Medical Systems, Inc.(VAR)

Earnings Estimate Forecast on Varian Medical Systems, Inc.(VAR)


Varian Medical Systems, Inc.(VAR): For the most recent quarter end, Varian Medical Systems, Inc. reported Annual Earnings of $0.75. Based on the filings, last years Annual Earnings was, $4.68. For the most recent quarter end, VAR reported a surprise Earnings per Share of -28.57% . The consensus estimate for current quarter is $0.88 and for the current fiscal year, the estimate is $3.83. For the Next fiscal year, the estimate is $4.3 based on the consensus. Palo Alto based Varian Medical Systems, Inc. Last reported the Quarter results on Dec 31, 2016 and the Next earnings date is scheduled to be released on Apr 26, 2017.

Varian Medical Systems, Inc. has received $0.88 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 4 Financial Advisor in the Stock Trading Firms. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.86 while the top line estimate is $0.91 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -19.04%. Varian Medical Systems, Inc. results fell short with a surprise EPS of -28.57% or $-0.3. The Actual EPS was $0.75 compared to the Estimated EPS of $1.05 during its most recent quarterly earnings. According to the corporate earnings calendar, Varian Medical Systems, Inc. will release next earnings on Apr 26, 2017 with an estimated EPS consensus of $0.88. Based on the consensus of stock financial advisors the stock has a price target of $86.6. Current year estimate on EPS consensus is $3.83. The Estimated EPS rate for Long term growth is $9.

Varian Medical Systems, Inc. has a Price to Earnings ratio of 18.82 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.52. For the Most Recent Fiscal Year, Varian Medical Systems, Inc. has a price to cash ratio of 14.75. For the Trailing twelve month period, company showed a Net Profit Margin of 10.35% and Return on Equity of the stock is 24.63%.

For Dividend Investing Stock Market Traders Varian Medical Systems, Inc. has a Dividend Yield of 0% with an Annual Dividend of $0. It has a Payout Ratio of 0 and the change in Dividend payout ratio is 0.

Varian Medical Systems Last issued its quarterly earnings results on Jan 25, 2017. The company reported $1.09 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.06. The company had revenue of $763.30 million for the quarter, compared to analysts expectations of $766.97 million. The companys revenue was up .8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.99 EPS.

Company has reported several Insider transactions to the SEC, on Jan 6, 2017, Dow R Wilson (President and CEO) sold 13,334 shares at 88.74 per share price.On Dec 8, 2016, John W Kuo (SVP, Gen Counsel and Secretary) sold 1,267 shares at 90.33 per share price.On Nov 1, 2016, Timothy E Guertin (director) sold 4,000 shares at 90.05 per share price.

Wednesdays trading session turned out to be a no-profit no-loss event for Varian Medical Systems, Inc. (NYSE:VAR). The opening trade occurred at $83.43 and the highest and the lowest points of the day were $83.615 and $82.74 respectively. The final trade was registered at $83.54 and the volume by the end of the day had touched 775,201 shares. The 52-week high of the stock is $94.482729 and the 52-week low is $67.230224. According to the current valuation, the market cap of the company is $7,807 million and the total number of shares available in public circulation is 93,450,388.

Varian Medical Systems, Inc. is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy, and brachytherapy. It supplies tubes and digital detectors for X-ray imaging in medical, scientific, and industrial applications and also supplies X-ray imaging products for cargo screening and industrial inspection. Varian Medical Systems, Inc. is headquartered in Palo Alto, California.



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