earnings
confidence high
sentiment neutral
materiality 0.65
Littelfuse Q3: sales $567M (-7%), adj. EPS $2.71 beats; Q4 guidance $510-540M
LITTELFUSE INC /DE
2024-Q3 EPS reported
$6.07
revenue$1,661,263,000
- GAAP diluted EPS $2.32; adjusted diluted EPS $2.71; cash flow from ops $80M, free cash flow $65M.
- Net sales $567M, down 7% YoY and organically; end markets remain soft.
- Q4 2024 guidance: net sales $510-540M, adjusted diluted EPS $1.90-2.10.
- Quarterly dividend of $0.70 per share declared, payable Dec 5, 2024 to holders of record Nov 21.
- CEO cites strong execution and new business wins despite extended soft market conditions.