Core Insights - Analysts forecast Littelfuse (LFUS) to report quarterly earnings of $2.04 per share, reflecting a year-over-year increase of 1% [1] - Expected revenues are projected at $524.33 million, indicating a decline of 1.8% compared to the same quarter last year [1] Earnings Estimates Revisions - Over the last 30 days, there has been an upward revision of 0.9% in the consensus EPS estimate for the quarter, indicating analysts' reassessment of their initial forecasts [2] - Revisions to earnings estimates are significant indicators for predicting potential investor actions regarding the stock [3] Key Metrics Forecast - Analysts expect 'Net Sales- Industrial' to be $79.50 million, showing a year-over-year change of +8.2% [5] - 'Net Sales- Electronics' is estimated at $277.85 million, reflecting a year-over-year decline of -6.7% [5] - 'Net Sales- Transportation' is forecasted to reach $163.59 million, suggesting a change of +0.6% year over year [5] Operating Income Projections - 'Operating income / (loss)- Electronic' is expected to be $42.18 million, down from $53.55 million reported in the same quarter last year [6] - 'Operating income / (loss)- Industrial' is projected at $12.13 million, compared to $9.35 million in the same quarter last year [6] - 'Operating income / (loss)- Transportation' is anticipated to be $11.30 million, up from $7.62 million year-over-year [7] Stock Performance - Shares of Littelfuse have shown a return of -1.1% over the past month, contrasting with the Zacks S&P 500 composite's +2.7% change [7] - Littelfuse holds a Zacks Rank 3 (Hold), suggesting it is expected to mirror overall market performance in the near future [7]

Core Insights - Littelfuse reported revenue of $567.39 million for the quarter ended September 2024, a decrease of 6.5% year-over-year, with EPS at $2.71 compared to $2.97 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $557.98 million by 1.69%, while the EPS surpassed the consensus estimate of $2.08 by 30.29% [1] Financial Performance Metrics - Net Sales in the Industrial segment were $91.82 million, exceeding the average estimate of $80.60 million by three analysts, representing a year-over-year increase of 6.6% [3] - Net Sales in the Electronics segment were $304.19 million, slightly below the estimated $305.35 million, reflecting a year-over-year decline of 11.6% [3] - Net Sales in the Transportation segment were $171.38 million, also below the average estimate of $172.47 million, showing a year-over-year decrease of 3.2% [3] - Operating income for the Electronics segment was $48.89 million, slightly below the estimate of $49.36 million [3] - Operating income for the Industrial segment was $17.71 million, significantly above the average estimate of $10.01 million [3] - Operating income for the Transportation segment was $23.49 million, exceeding the average estimate of $15.38 million [3] Stock Performance - Shares of Littelfuse have returned -4% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1.7% [4] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [4]

Littelfuse (LFUS) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.97 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 30.29%. A quarter ago, it was expected that this circuit protection manufacturer would post earnings of $1.75 per share when it actually produced earnings of $1.97, delivering a surprise of 12.57%. Over the last four qu ...

Financial Performance - Net sales for Q3 2024 were $567 million, a decrease of 7% compared to the same period last year[1]. - Net income for Q3 2024 was $58.1 million, compared to $57.8 million in Q3 2023[14]. - Operating income for Q3 2024 was $87.8 million, down from $93.6 million in the prior year[14]. - Total net sales for Q3 2024 were $567.390 million, a decrease of 6.5% compared to $607.071 million in Q3 2023[17]. - The Electronics segment reported net sales of $304.188 million in Q3 2024, down 11.6% from $343.933 million in Q3 2023[17]. - Operating income for Q3 2024 was $87.821 million, a decline of 6.2% from $93.645 million in Q3 2023[17]. - Adjusted diluted EPS for Q3 2024 was $2.71, compared to $2.97 in Q3 2023, reflecting a decrease of 8.7%[19]. - Net income for the nine months ended September 28, 2024, was $151.976 million, down from $216.604 million for the same period in 2023, representing a decline of 30%[15]. Cash Flow and Dividends - Cash flow from operations was $80 million, and free cash flow was $65 million[1]. - The company incurred $49.687 million in cash dividends paid during the nine months ended September 28, 2024, compared to $45.973 million in the same period in 2023[15]. - Free cash flow for Q3-24 was $65.0 million, down from $139.8 million in Q3-23, and YTD-24 free cash flow was $156.9 million compared to $250.0 million in YTD-23[25]. - The company will pay a cash dividend of $0.70 per share on December 5, 2024[3]. Assets and Equity - Total assets increased to $4.062 billion as of September 28, 2024, compared to $3.995 billion at the end of 2023[12]. - The company reported a total equity of $2.573 billion as of September 28, 2024, up from $2.480 billion at the end of 2023[12]. - Consolidated total debt as of September 28, 2024, was $867.7 million, with net debt at $735.6 million[26]. Segment Performance - The Transportation segment saw a significant increase in operating income of 142.3% in Q3 2024, reaching $23.485 million compared to $9.694 million in Q3 2023[17]. - The Industrial segment experienced a 6.6% growth in net sales for Q3 2024, totaling $91.821 million, compared to $86.119 million in Q3 2023[17]. - Year-to-date (YTD) organic net sales declined by 12% in Electronics, 3% in Transportation, and grew by 7% in Industrial, resulting in an overall decline of 9%[23]. - Net sales in Electronics declined by 12% in Q3-24 compared to Q3-23, while Transportation saw a decline of 3%[24]. Operating Metrics - The operating margin for Q3 2024 was 15.5%, slightly up from 15.4% in Q3 2023[18]. - Adjusted EBITDA for Q3-24 was $68.9 million, with a margin of 22.6%, compared to $96.6 million and 28.1% in Q3-23[21]. - Adjusted EBITDA for YTD-24 was $192.5 million in Electronics, $81.8 million in Transportation, and $44.0 million in Industrial, with respective margins of 21.4%, 16.0%, and 17.6%[23]. - The effective tax rate for Q3-24 was 25.3%, up from 23.3% in Q3-23, with adjusted income taxes at $21.8 million[25]. - Net cash provided by operating activities for Q3-24 was $80.4 million, down from $161.5 million in Q3-23[25]. Future Outlook - For Q4 2024, the company expects net sales in the range of $510 - $540 million and adjusted diluted EPS between $1.90 - $2.10[2]. - The company has amended its Credit Agreement to allow for the addition of acquisition and integration costs up to 15% of Consolidated EBITDA[27].

Wall Street expects a year-over-year decline in earnings on lower revenues when Littelfuse (LFUS) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 29, 2024, might help the stock move higher if these key numbers are better than ex ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Littelfuse (LFUS) , which belongs to the Zacks Electronics - Miscellaneous Components industry.This circuit protection manufacturer has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 6.57%.For the last reported quarter, Littelfuse cam ...

adaask/iStock via Getty Images Littelfuse (NASDAQ:LFUS) is currently richly valued, but because it is about to experience a substantial upcycle in FY25, I think this matters little to its near-term alpha potential. Based on my peer analysis and valuation assessment, the stock could increase by around 23% in 12 months. However, there are risks for the coming year, including geopolitical uncertainty, which could create supply chain vulnerability for the company, and new innovation challenges related to AI and ...

For the quarter ended June 2024, Littelfuse (LFUS) reported revenue of $558.49 million, down 8.7% over the same period last year. EPS came in at $1.97, compared to $3.12 in the year-ago quarter. The reported revenue represents a surprise of +3.29% over the Zacks Consensus Estimate of $540.73 million. With the consensus EPS estimate being $1.75, the EPS surprise was +12.57%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Over the last four quarters, the company has surpassed consensus EPS estimates three times. Littelfuse shares have lost about 2.8% since the beginning of the year versus the S&P 500's gain of 14.5%. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. One other stock from ...

FOR IMMEDIATE RELEASE David Kelley 224-727-2535 dkelley@littelfuse.com LITTELFUSE REPORTS SECOND QUARTER RESULTS FOR 2024 Diverse and resilient business model drive Q2 sales and adjusted EPS above guidance • Net sales of $558 million were down 9% versus the prior year period, and down 8% organically • Cash flow from operations was $69 million and free cash flow was $50 million • On June 26, the company released its 2023 Sustainability Report on littelfuse.com/about-us/sustainability Third Quarter of 2024* • ...