Vishay Precision Group, Inc. (NYSE:VPG) is reporting second quarter earnings results on Tuesday 4th August 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.01 per share.
For the full year, analysts predict revenues of $ 255.42 million, while looking forward to income of $ 0.76 per share.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 56.00 million ~ $ 62.00 million
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Previous Quarter Performance
Vishay Precision Group, Inc. communicated income for the first quarter of $ 0.29 per share, from the revenue of $ 67.70 million. The quarterly earnings dropped 52.46 percent while revenues dropped 10.65 percent compared with the same quarter last year.
Street analysts expected Vishay Precision Group, Inc. to report income of $ 0.14 per share on revenue of $ 63.03 million for the first quarter. The bottom line results beat street analysts by $ 0.15 or 107.14 percent, at the same time, top line results outshined analysts by $ 4.67 million or 7.41 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of VPG was $ 25.54, representing a 54.23 % increase from the 52 week low of $ 16.56 and a 35.85 % decrease over the 52 week high of $ 39.81.
The company has a market capital of $ 346.50 million and is part of the Technology sector and Scientific & Technical Instruments industry.
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Conference Call
Vishay Precision Group, Inc. will be hosting a conference call at 10:00 AM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website vpgsensors.com
Vishay Precision Group, Inc. designs, manufactures, and markets sensors, sensor-based measurement systems, specialty resistors, and strain gages in Asia, the United States, Israel, Europe, the United Kingdom, and Canada. It operates through three segments: Foil Technology Products, Force Sensors, and Weighing and Control Systems.