Vishay Precision Group Q3 Adj EPS $0.47 Misses $0.56 Estimate, Sales $85.90M Miss $90.11M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vishay Precision Group (NYSE:VPG) reported Q3 adjusted earnings of $0.47 per share, missing the analyst consensus estimate of $0.56 by 16.07%. This is a 31.88% decrease from the same period last year. The company also reported quarterly sales of $85.90 million, missing the analyst consensus estimate of $90.11 million by 4.67%. This is a 4.62% decrease from the same period last year.
November 07, 2023 | 11:31 am
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NEGATIVE IMPACT
Vishay Precision Group's Q3 earnings and sales missed estimates, with a significant YoY decrease. This could negatively impact the company's stock price in the short term.
Vishay Precision Group's Q3 earnings and sales missed analyst estimates, and both showed a significant decrease compared to the same period last year. This could lead to a decrease in investor confidence and a potential drop in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100