Corrected: Vishay Precision Q2 revenue slightly misses estimates on delayed shipments

Vishay Precision

05/08/2026 11:22

Corrects net earnings in Key Details table to -$1.706 mln from $14,000

Overview
US precision measurement firm's fiscal Q2 revenue up 12% yr/yr, slight miss vs analyst expectations
Adjusted EPS for fiscal Q2 missed analyst expectations
Company cites FX losses, delayed shipments, and product mix as factors impacting profits

Outlook
Vishay Precision sees Q3 net revenues between $84 mln and $89 mln
Company expects organic annual revenue growth in 2026 above 8% to 10% range
Company expects delayed steel-related systems shipments to be completed by year-end

Result Drivers
RECORD BOOKINGS - Co said strong order momentum and record quarterly orders for precision resistors serving AI-related semiconductor, data center, aerospace and defense applications drove results
DELAYED SHIPMENTS - Co said Q2 revenue was impacted by $3 mln of delayed shipments in steel-related systems business due to supply chain challenges from new ERP system
FX LOSSES - Co said unfavorable foreign exchange movements reduced profits by $3.3 mln compared with prior-year period

Company press release: ID:nGNX8vzQ9v

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Miss*
$83.94 mln
$84.65 mln (3 Analysts)
Q2 Adjusted EPS
Miss
$0.04
$0.19 (3 Analysts)
Q2 Loss Per Share
 
$0.13
 
Q2 Net Earnings
 
-$1.706 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Vishay Precision Group, Inc. is $98.00, about 3% above its August 4 closing price of $101.00
The stock recently traded at 69 times the next 12-month earnings vs. a P/E of 58 three months ago

Reuters Recommended Reads
Aug 4 - AMETEK beats Q2 sales and adjusted EPS estimates, raises 2026 outlook
Aug 4 - Lattice Semiconductor Q2 profit beats estimates on AI-related server demand
Aug 5 - Germany's Infineon Q3 revenue rises on strong AI data center demand

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

 (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)