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Varian Medical Systems Inc Issues Q1 2014 Guidance Below Analysts' Estimates; Issues FY 2014 Revenue Guidance In Line With Analysts' Estimates; FY 2014 EPS Guidance Below Analysts' Estimates


Wednesday, 23 Oct 2013 04:02pm EDT 

Varian Medical Systems Inc announced that for the first quarter 2014, it expects revenues to grow by 6-7% and earnings per diluted share (EPS) to be in the range of $0.87 to $0.91. For fiscal 2014, it expects revenues to grow in the range of 6-8% and earnings per diluted share to be in the range of $4.22-$4.34. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $726 million and EPS of $0.96 for first quarter of 2014; revenue of $3.165 billion and EPS of $4.51 for fiscal 2014. 

Company Quote

80.74
1.05 +1.32%
4:02pm EDT