Vishay Precision Group Q2 Adj $0.31 Misses $0.34 Estimate, Sales $77.36M Miss $79.61M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vishay Precision Group (NYSE:VPG) reported Q2 earnings of $0.31 per share, missing the analyst estimate of $0.34. Sales were $77.36M, below the $79.61M estimate. Both earnings and sales showed significant declines compared to the same period last year.
August 06, 2024 | 10:33 am
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Vishay Precision Group reported Q2 earnings of $0.31 per share, missing the analyst estimate of $0.34. Sales were $77.36M, below the $79.61M estimate. Both earnings and sales showed significant declines compared to the same period last year.
The earnings and sales misses, along with significant year-over-year declines, are likely to negatively impact VPG's stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100