The chart below shows how VPG performed 10 days before and after its earnings report, based on data from the past quarters. Typically, VPG sees a +1.26% change in stock price 10 days leading up to the earnings, and a -1.64% change 10 days following the report. On the earnings day itself, the stock moves by -2.52%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Order Growth Recovery: Consolidated orders grew 5.5% sequentially, marking the first quarter of positive book to bill in eight quarters and a return to sequential order growth after six consecutive quarters.
Sensor Bookings Growth: Sensor bookings grew 7% sequentially, resulting in a book to bill of 1.04%, indicating higher demand for precision resistors in key markets.
Weighing Solutions Sales Increase: Weighing Solutions segment sales increased 2.2% from the third quarter, driven by higher revenue in industrial weighing and precision agriculture applications.
Future Revenue Projections: Business development projects contributed approximately $18,000,000 in revenue in 2024, with expectations to generate an additional $100,000,000 in revenue over the next three to four years.
Free Cash Flow Recovery: Adjusted free cash flow improved to $4,600,000 in the fourth quarter, a significant recovery from a negative $2,300,000 in the previous quarter.
Negative
Challenging Revenue Performance: Revenue of $306,500,000 for the year reflected continued macroeconomic and cyclical headwinds, indicating a challenging year for VPG.
Fourth Quarter Revenue Decline: Fourth quarter revenue declined 4% sequentially, with lower revenues reported in Avionic Military and Space, Test and Measurement, and consumer markets.
Sensor Segment Revenue Decline: Fourth quarter revenue in the Sensor segment declined 8.7% sequentially, despite a 7% growth in bookings, highlighting a disconnect between orders and revenue realization.
Measurement Systems Revenue Decline: Measurement Systems segment revenue declined 5.3% sequentially, with a book to bill ratio of 0.78, down from 0.82 in the previous quarter, indicating a decrease in order intake.
Quarterly Earnings Decline: Adjusted net earnings for the fourth quarter were $400,000 or $0.03 per diluted share, a significant drop from $2,500,000 or $0.19 per diluted share in the third quarter, reflecting unfavorable product mix and one-time costs.
Earnings call transcript: Vishay Precision's Q4 2024 earnings miss, stock drops
VPG.N
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