Varian Medical Systems Reports Results for Third Quarter of Fiscal Year 2016

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Go back to Varian Medical Systems Reports Results for Third Quarter of Fiscal Year 2016

Varian Medical (VAR) PT Raised to $90 at Brean Capital

July 28, 2016 10:17 AM EDT

Brean Capital analyst Jason Wittes reiterated a Buy and bumped his price target on Varian Medical (NYSE: VAR) to $90.00 (from $87.00) following Q3 results with Strong NA Oncology, Stable Imaging, and Good Margins.

Wittes commented, "VAR reported F3Q16 Adjusted EPS of $1.22 versus consensus of $1.17quality was good, with notably high gross margins.... More

Jefferies Raises Price Target on Varian Medical Systems (VAR) to $98; Reiterates Buy

July 28, 2016 9:21 AM EDT

Jefferies reiterated a Buy rating on Varian Medical Systems (NYSE: VAR), and raised the price target to $98.00 (from $95.00), following the company's 3Q report.

Analyst Anthony Petrone commented, "VAR put up a $9mn/$0.05 beat highlighted by a surge in NA Oncology orders to +15% (from +7%).... More

Varian Medical Systems (VAR) Tops Q3 EPS by 5c, Updates FY EPS Guidance

July 27, 2016 4:20 PM EDT

Varian Medical Systems (NYSE: VAR) reported Q3 EPS of $1.22, $0.05 better than the analyst estimate of $1.17. Revenue for the quarter came in at $789.4 million versus the consensus estimate of $779.98 million.

GUIDANCE:

Varian Medical Systems sees FY2016 EPS of $4.62-$4.66, versus prior... More