Vishay Precision Group VPG will be releasing its next round of earnings this Tuesday, August 10. For all of the relevant information, here is your guide for Tuesday's Q2 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Wall Street analysts see Vishay Precision Group reporting earnings of $0.34 per share on revenue of $73.55 million. Vishay Precision Group reported a per-share profit of $0.19 when it published results during the same quarter last year. Sales in that period totaled $59.15 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to report earnings in line when it publishes results Tuesday, quarterly profit would be up 78.95%. Revenue would be up 24.35% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 0.28 | 0.43 | 0.21 | 0.01 |
EPS Actual | 0.31 | 0.43 | 0.40 | 0.19 |
Revenue Estimate | 65.50 M | 70.92 M | 62.00 M | 56.56 M |
Revenue Actual | 70.59 M | 75.44 M | 67.53 M | 59.15 M |
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Stock Performance
Shares of Vishay Precision Group were trading at $36.68 as of August 06. Over the last 52-week period, shares are up 37.48%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Vishay Precision Group is scheduled to hold the call at 10:00:00 ET and can be accessed here.
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