NYSE$VPG

Vishay Precision Group Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Vishay Precision reported results for the third quarter of fiscal year 2020, showing increased revenues, gross profit margin, operating margin, and earnings per share compared to the previous year.

Vishay Precision Group's Q3 2020 results showed slight revenue growth, improved gross and operating margins, and increased earnings per share. The company's Force Sensors operation in India returned to full capacity, and orders grew sequentially, driven by strength in consumer-related markets and partial recovery in other end-markets.

  • Revenues increased 0.2% to $67.5 million compared to the previous year.
  • Gross profit margin was 40.5%, up from 38.3% a year ago.
  • Operating margin was 12.0%, compared to 9.2% in the previous year.
  • Diluted earnings per share were $0.41, up from $0.33 a year ago.

Headline financials

Total Revenue

$67.5M

Previous: $67.4M+0.2%
EPS (adj)

$0.40

Previous: $0.37+8.1%
Gross Profit Margin

40.5%

Previous: 38.3%+5.7%
Operating Margin

12.0%

Previous: 9.2%+30.4%
Capital Expenditures

-$15.4M

Previous: -$7.38M-108.5%
Free Cash Flow

-$9.8M

Previous: -$2.87M-240.9%
Net Income

$5.6M

Previous: $4.51M+24.2%
Operating Income

$8.12M

Previous: $6.19M+31.3%
Gross Profit

$27.3M

Previous: $25.8M+6.0%
Cash & Equivalents

$89.8M

Previous: $101M-11.4%
Total Assets

$393M

Previous: $345M+13.9%
Stock-Based Comp

$380K

Previous: $506K-24.9%

Revenue & EPS history

Vishay Precision · Revenue · Quarterly

$67.5M

Q3 2020+0.2%vs Q3 2019
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

The company expects net revenues to grow sequentially and be in the range of $69 million to $75 million for the fourth fiscal quarter of 2020, at constant third fiscal quarter 2020 exchange rates.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-0.2%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+4.4%

Avg return

30 days after

45%

29 / 64 earnings

Positive

+18.7%

Q4 2017

Best reaction

-17.6%

Q2 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.0%+47.6%+115.1%
Q4 2025-13.4%-17.5%-23.5%
Q3 2025-6.4%-13.3%-1.8%
Q1 2025-1.1%-1.7%+9.6%
Q4 2024-4.2%+4.2%-6.6%
Q3 2024-1.6%-4.5%-1.1%
Q2 2024-14.2%-14.2%-18.2%
Q1 2024-9.0%-7.2%-4.0%
Q4 2023+11.7%+9.0%+5.1%
Q3 2023-9.7%-11.8%-3.2%
Q2 2023-4.9%-2.4%-7.1%
Q1 2023-13.1%-14.0%-3.8%
Q4 2022-7.0%-2.7%-5.6%
Q3 2022+6.9%+17.6%+22.8%
Q2 2022+12.9%+14.8%+10.3%
Q1 2022-4.7%+0.4%-3.1%
Q4 2021+4.9%+2.2%+4.0%
Q3 2021-0.8%+1.5%-9.3%
Q2 2021+5.5%+4.5%-0.6%
Q1 2021+0.4%+5.0%+8.0%
Q4 2020-6.1%-5.3%-8.9%
Q3 2020+12.0%+8.3%+18.7%
Q2 2020+2.8%+4.1%-3.2%
Q1 2020+0.0%+2.8%+13.7%
Q4 2019-7.2%-10.3%-46.3%
Q3 2019+4.4%+0.3%-2.0%
Q2 2019-17.6%-18.2%-15.4%
Q1 2019+2.9%+5.8%-3.3%
Q4 2018+1.9%+3.1%+0.1%
Q3 2018+6.9%+3.4%-10.1%
Q2 2018+4.7%+6.8%+2.3%
Q1 2018+16.6%+23.9%+37.1%
Q4 2017+18.7%+26.8%+26.8%
Q3 2017+2.4%+7.5%+20.3%
Q2 2017+7.5%+11.1%+30.7%
Q1 2017+1.1%+1.4%+1.1%
Q4 2016-3.8%-4.1%-7.4%
Q3 2016+10.2%+21.0%+20.7%
Q2 2016-12.9%-2.0%+9.1%
Q1 2016+0.2%
Q4 2015+1.1%
Q3 2015+5.6%
Q2 2015+7.4%
Q1 2015-7.0%
Q4 2014-5.4%
Q3 2014+3.6%
Q2 2014+13.0%
Q1 2014-1.2%
Q4 2013+10.7%
Q3 2013-4.7%
Q2 2013-6.9%
Q1 2013-0.6%
Q1 2011-0.3%
Q4 2011-0.3%
Q4 2009-0.3%
Q4 2012-0.4%
Q3 2012-7.7%
Q2 2012-1.7%
Q1 2012+1.2%
Q3 2011-4.8%
Q3 2010-4.8%
Q2 2010-4.7%
Q4 2010-4.7%
Q2 2011-4.7%

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