What To Expect From Vishay Precision Group, Inc. ($VPG) 3Q20 Earnings

131

Vishay Precision Group, Inc. (NYSE:VPG) is expected to report third quarter earnings results, before market open, on Tuesday 3rd November 2020.

Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.25 per share.

Looking ahead, the full year income are expected at $ 1.00 per share on the revenues of $ 257.57 million.

The Company Outlook

Revenue for 3Q20 are expected in a range of $ 59.00 million ~ $ 65.00 million

Click Here For More Historical Outlooks Of Vishay Precision Group, Inc.

Previous Quarter Performance

Vishay Precision Group, Inc. unveiled income for the second quarter of $ 0.19 per share, from the revenue of $ 59.15 million. The quarterly earnings shrunk 57.78 percent while revenues fell 19.75 percent compared with the same quarter last year. The top line results outshined analysts by $ 2.59 million or 4.58 percent.

Stock Performance

Shares of Vishay Precision Group, Inc. traded up $ 0.56 or 2.34 percent on Monday, reaching $ 24.45 with volume of 25.40 thousand shares. Vishay Precision Group, Inc. has traded high as $ 24.57 and has cracked $ 24.04 on the downward trend

The closing price of $ 24.45, representing a 44.26 % increase from the 52 week low of $ 16.56 and a 36.5 % decrease over the 52 week high of $ 37.62.

The company has a market capital of $ 331.92 million and is part of the Technology sector and Scientific & Technical Instruments industry.

Conference Call

Vishay Precision Group, Inc. will be hosting a conference call at 10:00 AM eastern time on 3rd November 2020, to discuss its 3Q20 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.