Vishay Intertechnology (VSH) Q4 Earnings: What To Expect

Semiconductor manufacturer Vishay Intertechnology will be reporting earnings this Wednesday before market hours. Here’s what to look for. Vishay Intertechnology beat analysts’ revenue expectations by 1.2% last quarter, reporting revenues of $790.6 million, up 7.5% year on year. It was a mixed quarter for the company, with a solid beat of analysts’ adjusted operating income estimates but EPS in line with analysts’ estimates. Is Vishay Intertechnology a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.This quarter, analysts are expecting Vishay Intertechnology’s revenue to grow 11.3% year on year to $795.7 million, a reversal from the 9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.02 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Vishay Intertechnology has missed Wall Street’s revenue estimates six times over the last two years. Looking at Vishay Intertechnology’s peers in the semiconductors segment, some have already reported their Q4 results, giving us a hint as to what we can expect. NXP Semiconductors delivered year-on-year revenue growth of 7.2%, beating analysts’ expectations by 0.7%, and Texas Instruments reported revenues up 10.4%, falling short of estimates by 0.8%. Texas Instruments traded up 9.9% following the results. Read our full analysis of NXP Semiconductors’s results here and Texas Instruments’s results here.There has been positive sentiment among investors in the semiconductors segment, with share prices up 13.5% on average over the last month. Vishay Intertechnology is up 36.2% during the same time and is heading into earnings with an average analyst price target of $15 (compared to the current share price of $21.04).