Vishay Intertechnology, Inc. (NYSE:VSH) is set to announce third quarter earning results on Tuesday 3rd November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, VSH to report 3Q20 income of $ 0.23 per share.
For the full year, analysts anticipate top line of $ 2444.70 million, while looking forward to income of $ 0.85 per share bottom line.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 580.00 million ~ $ 620.00 million
Click Here For More Historical Outlooks Of Vishay Intertechnology, Inc.
Previous Quarter Performance
Vishay Intertechnology, Inc. communicated income for the second quarter of $ 0.18 per share, from the revenue of $ 581.72 million. The quarterly earnings 50.00 percent while revenues fell 15.11 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.07 per share from $ 561.20 million in revenue. The bottom line results beat street analysts by $ 0.11 or 157.14 percent, at the same time, top line results outshined analysts by $ 20.52 million or 3.66 percent.
Stock Performance
Shares of Vishay Intertechnology, Inc. traded up $ 0.26 or 1.60 percent on Monday, reaching $ 16.48 with volume of 707.30 thousand shares. Vishay Intertechnology, Inc. has traded high as $ 16.48 and has cracked $ 16.19 on the downward trend
The closing price of $ 16.48, representing a 44.43 % increase from the 52 week low of $ 11.23 and a 30.24 % decrease over the 52 week high of $ 23.25.
The company has a market capital of $ 2.38 billion and is part of the Technology sector and Semiconductors industry.
Recent Analyst recommendations
- On 7th October 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Recent Stock Dividend Announcement
On August 18, 2020, the board of directors authorized quarterly dividend of $ 0.095 per share to holders of record as of the close of business on September 11, 2020, with payment date of September 24, 2020 and ex-dividend date on September 10, 2020.
Conference Call
Vishay Intertechnology, Inc. will be hosting a conference call at 9:00 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.vishay.com
Vishay Intertechnology, Inc. manufactures and supplies discrete semiconductors and passive components in the United States, Europe, and Asia. The Metal Oxide Semiconductor Field Effect Transistors (MOSFETs) segment offers low- and medium-voltage TrenchFET MOSFETs, high-voltage planar MOSFETs, high voltage super junction MOSFETs, power integrated circuits, and integrated function power devices.
