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Varian Medical Systems (VAR) Is Climbing On Strong Q1 Earnings

Varian Medical Systems (VAR) reported first quarter EPS of $1.06 after the close Wednesday, up from $0.50 in the prior year period. The consensus estimate was for EPS of $0.93. The stock is now up 12.45 on 75K shares.

Varian Medical Systems climbed during the first half hour of trade Wednesday, but settled into a range for the rest of the session. The stock closed up by 2.24 at $113.05.

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