Vishay Precision Group Inc reports results for the quarter ended in September 30 - Earnings Summary

Vishay Precision

06/11/2024 04:51

* Vishay Precision Group Inc  VPG.N  reported quarterly
adjusted
earnings of 19 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 47 cents.  The mean expectation of two analysts
for the quarter was for earnings of 26 cents per share. Wall
Street expected results to range from 19 cents to 32 cents per
share.
    * Revenue fell 11.8% to $75.73 million from a year ago;
analysts
expected $76.71 million. 
    * Vishay Precision Group Inc's reported EPS for the quarter
was a
loss of 10 cents​.
    * The company reported a quarterly loss of $1.35 million.
    * Vishay Precision Group Inc shares had fallen by 8.8% this
quarter and lost 30.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 $36.00 
This summary was machine generated from LSEG data November 6 at
04:51 a.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
 Sep. 30 2024      0.26           0.19           Missed
 Jun. 30 2024      0.34           0.31           Missed
 Mar. 31 2024      0.35           0.42           Beat
 Dec. 31 2023      0.36           0.61           Beat