Vishay Intertechnology Q2 Adj EPS $0.68 Beats $0.63 Estimate, Sales $892.11M Beat $879.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vishay Intertechnology (NYSE:VSH) reported Q2 earnings of $0.68 per share, beating the analyst consensus estimate of $0.63 by 7.94%. However, this is a 17.07% decrease from the same period last year. The company also reported quarterly sales of $892.11 million, beating the estimate of $879.69 million by 1.41%, and marking a 3.31% increase from last year.
August 09, 2023 | 11:15 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Vishay Intertechnology's Q2 earnings and sales beat estimates, but earnings are down 17.07% YoY. Sales increased by 3.31% YoY.
While Vishay Intertechnology beat earnings and sales estimates, the YoY decrease in earnings could potentially offset the positive impact of beating estimates. The increase in sales YoY is a positive sign, but the overall impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100