Vishay Precision Group, Inc. Q4 adjusted earnings Inline With Estimates

Vishay Precision Group, Inc. (VPG) reported a profit for fourth quarter that declined from last year.

The company's profit totaled $3.42 million, or $0.25 per share. This compares with $4.48 million, or $0.33 per share, in last year's fourth quarter.

Excluding items, Vishay Precision Group, Inc. reported adjusted earnings of $7.29 million or $0.54 per share for the period.

Analysts had expected the company to earn $0.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.9% to $76.98 million from $69.44 million last year.

Vishay Precision Group, Inc. earnings at a glance:

-Earnings (Q4): $7.29 Mln. vs. $5.30 Mln. last year.
-EPS (Q4): $0.54 vs. $0.39 last year.
-Analysts Estimate: $0.54
-Revenue (Q4): $76.98 Mln vs. $69.44 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT