Littelfuse Q1 Adjusted Earnings, Sales Rise; Sets Q2 Outlook

MT Newswires Live
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Littelfuse (LFUS) reported Q1 adjusted earnings late Tuesday of $2.19 per diluted share, up from $1.76 a year earlier.

Five analysts polled by FactSet expected $1.81.

Sales for the quarter ended March 29 were $554.3 million, up from $535.4 million a year earlier.

Five analysts surveyed by FactSet expected $539.9 million.

The company set its Q2 adjusted EPS guidance of $2.10 to $2.40 on sales of $565 million and $595 million. Five analysts expect adjusted EPS of $2.24 on sales of $580.2 million.

The company kept its quarterly dividend at $0.70 per share, payable June 5 to holders of record May 22.

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