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Vishay Precision Group (VPG)
NYSE:VPG
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.14Last Year’s EPS
0.61Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 06, 2018
|% Change Since: -3.73%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Neutral
The earnings call reflected a mixed sentiment. While there are strategic advancements and stabilization in sales, significant challenges persist, including declines in orders, segment revenues, and operational inefficiencies. The acquisition of Nokra and new project developments offer potential growth opportunities, but current market conditions remain challenging.Company Guidance
During the VPG Q3 2024 earnings call, the company provided guidance indicating a stable sequential sales performance, with total sales hitting $75.7 million, surpassing the mid-range of their guidance. However, orders fell to $68.6 million from $73.5 million in the previous quarter, resulting in a book-to-bill ratio of 0.9. The gross margin for the quarter was reported at 40%, down from 41.9% in Q2, attributed to temporary labor inefficiencies primarily in the Sensors segment. Despite these setbacks, VPG anticipates improvement in the fourth quarter. The company also highlighted a strategic acquisition of Nokra, aimed at bolstering their product offerings in the steel market, with expectations for revenue growth in 2025. For Q4, VPG projects net revenues between $70 million and $78 million, maintaining a cautious outlook due to ongoing mixed market conditions.Stable Sales and Strategic Acquisition
Total sales for Q3 2024 were $75.7 million, above the mid-range of guidance. The acquisition of Nokra expands VPG's product offering in the steel market and is expected to be immediately accretive.
Positive Developments in New Projects
Progress with humanoid robots projects and initial orders from a large global bicycle accessory company. A key design win with a maker of infusion pumps in the medical sector.
Sustainability Report Release
Released the initial Sustainability Report, marking a significant milestone in VPG's sustainability journey.
Cash and Debt Position
Ended Q3 with $81.1 million in cash and cash equivalents and total debt of $31.6 million.
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VPG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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VPG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 05, 2024 | $23.61 | $22.20 | -5.97% |
| Aug 06, 2024 | $31.42 | $28.72 | -8.59% |
| May 07, 2024 | $34.40 | $33.53 | -2.53% |
| Feb 14, 2024 | $31.86 | $35.38 | +11.05% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Vishay Precision Group (VPG) report earnings?
Vishay Precision Group (VPG) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Vishay Precision Group (VPG) earnings time?
Vishay Precision Group (VPG) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VPG EPS forecast?
VPG EPS forecast for the fiscal quarter 2024 (Q4) is 0.14.
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