Littelfuse (LFUS) Expected to Announce Quarterly Earnings on Tuesday

Littelfuse (NASDAQ:LFUS) is expected to be releasing its earnings data 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.Parties that are interested in participating in the company’s conference call can do so using this link.

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

Littelfuse Stock Down 0.7 %

LFUS opened at $235.01 on Monday. The firm has a market cap of $5.83 billion, a P/E ratio of 30.21, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26. The company has a debt-to-equity ratio of 0.31, a quick ratio of 2.52 and a current ratio of 3.55. The business has a 50 day moving average price of $240.17 and a 200 day moving average price of $251.27. Littelfuse has a twelve month low of $222.91 and a twelve month high of $275.58.

Insider Buying and Selling at Littelfuse

In related news, CAO Jeffrey G. Gorski sold 700 shares of the company’s stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $249.02, for a total value of $174,314.00. Following the transaction, the chief accounting officer now owns 3,105 shares in the company, valued at approximately $773,207.10. This represents a 18.40 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 2.30% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Littelfuse Company Profile

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.