earnings
confidence high
sentiment positive
materiality 0.75
Littelfuse Q3 net sales $607.1M (-8% YoY), adj. EPS $2.97; Q4 guidance $520-550M sales
LITTELFUSE INC /DE
2023-Q3 EPS reported
$8.63
revenue$1,828,850,000
- Net sales $607.1M, down 8% YoY (down 11% organic); GAAP diluted EPS $2.30, adj. diluted EPS $2.97.
- Cash from ops $161.5M, free cash flow $139.8M; dividend $0.65/share payable Dec 7.
- Q4 guidance: net sales $520-550M, adj. diluted EPS $1.90-2.10, effective tax rate ~18%.
- CEO: performance exceeded expectations despite end market softness and destocking.