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Vishay Precision Group, Inc. (VPG) announced a profit for its third quarter that advanced from the same period last year.


RTTNews | Nov 3, 2020 06:47AM EST

06:47 Tuesday, November 3, 2020 (RTTNews.com) - Vishay Precision Group, Inc. (VPG) announced a profit for its third quarter that advanced from the same period last year.

The company's profit came in at $5.60 million, or $0.41 per share. This compares with $4.51 million, or $0.33 per share, in last year's third quarter.

Excluding items, Vishay Precision Group, Inc. reported adjusted earnings of $5.45 million or $0.40 per share for the period.

Analysts had expected the company to earn $0.25 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.2% to $67.53 million from $67.42 million last year.

Vishay Precision Group, Inc. earnings at a glance:

-Earnings (Q3): $5.45 Mln. vs. $4.98 Mln. last year.-EPS (Q3): $0.40 vs. $0.37 last year.-Analysts Estimate: $0.25-Revenue (Q3): $67.53 Mln vs. $67.42 Mln last year.

-Guidance:Next quarter revenue guidance: $69 - $75 Mln

Read the original article on RTTNews ( https://www.rttnews.com/3142325/vishay-precision-group-inc-q3-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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