Vishay Precision Group Inc reports results for the quarter ended in December - Earnings Summary

Vishay Precision

14/02/2024 14:31

* Vishay Precision Group Inc  VPG.N  reported quarterly
adjusted
earnings of 61 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 76 cents.  The mean expectation of
two analysts for the quarter was for earnings of 36 cents per
share. Wall Street expected results to range from 31 cents to 41
cents per share.
    * Revenue fell 7% to $89.53 million from a year ago;
analysts
expected $81.14 million. 
    * Vishay Precision Group Inc's reported EPS for the quarter
was 31
cents​.
    * The company reported quarterly net income of $4.23
million.
    * Vishay Precision Group Inc shares had fallen by 6.5% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the industrial
machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for Vishay Precision
Group Inc is $44.00 
This summary was machine generated from LSEG data February 14 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.36           0.61           Beat
 Sep. 30 2023      0.56           0.47           Missed
 Jun. 30 2023      0.50           0.58           Beat
 Mar. 31 2023      0.54           0.52           Missed