earnings
confidence high
sentiment positive
materiality 0.75
Littelfuse reports record Q2 sales $523.5M; raises dividend 10% to $0.53/quarter
LITTELFUSE INC /DE
2021-Q2 EPS reported
$5.62
revenue$987,282,000
- Net sales $523.5M; GAAP diluted EPS $3.30; adjusted diluted EPS $3.41; GAAP operating margin 18.4%.
- Cash from operations $76.2M; free cash flow $58.2M.
- Board approved 10% dividend increase to $0.53/quarter ($2.12 annualized); payable Sept 2, record Aug 19.
- Q3 guidance: net sales $510-$524M; adjusted diluted EPS $3.07-$3.23.
- CEO cites strong demand across electronics, automotive, industrial end markets and content growth from electrification.