Vishay Intertechnology Q2 2024 GAAP EPS $0.17 Beats $0.15 Estimate, Sales $741.200M Miss $754.707M Estimate
Portfolio Pulse from Benzinga Newsdesk
Vishay Intertechnology (NYSE:VSH) reported Q2 2024 GAAP EPS of $0.17, beating the analyst estimate of $0.15. However, sales of $741.2 million missed the $754.707 million estimate and were down 16.92% year-over-year.
August 07, 2024 | 11:15 am
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Vishay Intertechnology reported Q2 2024 GAAP EPS of $0.17, beating the analyst estimate of $0.15. However, sales of $741.2 million missed the $754.707 million estimate and were down 16.92% year-over-year.
While the EPS beat is a positive sign, the miss on sales and significant year-over-year decline in revenue could neutralize the positive impact on the stock price in the short term.
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