Vishay Precision Sees Q2 Revenue Of $75M - $85M Vs. $87.49M Est.
Portfolio Pulse from Benzinga Newsdesk
Vishay Precision Group (VPG) forecasts its Q2 revenue to be between $75M and $85M, which is below the estimated $87.49M.
May 07, 2024 | 10:22 am
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Vishay Precision Group (VPG) anticipates its Q2 revenue to be lower than the analysts' expectations of $87.49M, with a projection of $75M to $85M.
Vishay Precision Group's announcement of expected Q2 revenue falling below the estimated $87.49M is likely to negatively impact investor sentiment and the stock price in the short term. This is because financial forecasts that do not meet or exceed analyst expectations can often lead to a decrease in stock price due to perceived underperformance.
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