earnings
confidence high
sentiment neutral
materiality 0.70
Littelfuse Q1 net sales $535M (-12% YoY), GAAP EPS $1.93; new $300M buyback; Q2 guide $525-555M
LITTELFUSE INC /DE
2024-Q1 EPS reported
$1.93
revenue$535,385,000
- Net sales $535M down 12% YoY; GAAP diluted EPS $1.93, adjusted diluted EPS $1.76.
- Cash flow from operations $57M, free cash flow $42M.
- Q2 2024 guidance: net sales $525-555M, adjusted diluted EPS $1.65-1.85.
- Board authorized new $300M stock repurchase program for May 1, 2024 to April 30, 2027.
- Cash dividend $0.65/share payable June 6, 2024 to holders of record May 23, 2024.