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

Varian Medical Systems, Inc. has received $1.05 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 1 Financial Advisor in the Stock Trading Firms. The EPS growth rate is projected at -3.67%.

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. 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 a Price to Earnings ratio of 17.5 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.16. For the Most Recent Fiscal Year, Varian Medical Systems, Inc. has a price to cash ratio of 13.71. For the Trailing twelve month period, company showed a Net Profit Margin of 10.35% and Return on Equity of the stock is 24.7%.

In the last quarter, Varian Medical Systems, Inc. reported Annual Earnings of $0.75. Based on the filings, last years Annual Earnings was, $4.68. In the last Quarter, VAR reported a surprise Earnings per Share of -28.57% . The consensus estimate for current quarter is $1.05 and for the current fiscal year, the estimate is $4.92. For the Next fiscal year, the estimate is $5.33 based on the consensus.

Varian Medical Systems, Inc. (NYSE:VAR) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.03 points or 0.04% at $77.65 with 1,318,006 shares getting traded. Post opening the session at $77.68, the shares hit an intraday low of $77.08 and an intraday high of $77.96 and the price was in this range throughout the day. The company has a market cap of $7,256 million and the number of outstanding shares has been calculated to be 93,450,388 shares. The 52-week high of Varian Medical Systems, Inc. (NYSE:VAR) is $94.482729 and the 52-week low is $64.803843.

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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