Littelfuse (LFUS) to Release Quarterly Earnings on Tuesday

Littelfuse (NASDAQ:LFUSGet Free Report) will likely be posting its quarterly earnings results after the market closes on Tuesday, January 28th. Analysts expect Littelfuse to post earnings of $2.07 per share and revenue of $525,095.43 billion for the quarter. Littelfuse has set its Q4 2024 guidance at 1.900-2.100 EPS and its Q4 guidance at $1.90-2.10 EPS.Investors interested in listening to the company’s conference call can do so using this link.

Littelfuse (NASDAQ:LFUSGet Free Report) last issued its quarterly earnings results on Tuesday, October 29th. The technology company reported $2.71 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.62. The business had revenue of $567.39 million for the quarter, compared to analysts’ expectations of $557.38 million. Littelfuse had a net margin of 8.88% and a return on equity of 8.49%. The business’s quarterly revenue was down 6.5% on a year-over-year basis. During the same period last year, the business earned $2.97 earnings per share. On average, analysts expect Littelfuse to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Littelfuse Trading Up 0.9 %

Shares of LFUS opened at $233.17 on Tuesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.52 and a current ratio of 3.55. Littelfuse has a fifty-two week low of $222.91 and a fifty-two week high of $275.58. The firm has a 50 day moving average price of $241.20 and a 200-day moving average price of $251.74. The firm has a market cap of $5.79 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 1.93 and a beta of 1.26.

Littelfuse Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend was Thursday, November 21st. Littelfuse’s dividend payout ratio is presently 35.99%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Oppenheimer raised Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 target price for the company in a research note on Thursday, October 17th. StockNews.com upgraded Littelfuse from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Finally, Benchmark restated a “hold” rating on shares of Littelfuse in a report on Wednesday, October 30th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Littelfuse currently has an average rating of “Moderate Buy” and a consensus price target of $285.00.

View Our Latest Report on Littelfuse

Insiders Place Their Bets

In other Littelfuse news, CAO Jeffrey G. Gorski sold 700 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $249.02, for a total transaction of $174,314.00. Following the transaction, the chief accounting officer now directly owns 3,105 shares of the company’s stock, valued at approximately $773,207.10. The trade was a 18.40 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 2.30% of the company’s stock.

Littelfuse Company Profile

(Get Free Report)

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.

Further Reading

Earnings History for Littelfuse (NASDAQ:LFUS)

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