Littelfuse, Inc. (LFUS) Set to Announce Quarterly Earnings on Wednesday
Littelfuse, Inc. (NASDAQ:LFUS) is scheduled to announce its earnings results before the market opens on Wednesday, November 1st. Analysts expect the company to announce earnings of $1.98 per share for the quarter. Littelfuse has set its Q3 guidance at $2.02-2.16 EPS.
Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, August 2nd. The technology company reported $2.10 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $2.10. Littelfuse had a net margin of 12.51% and a return on equity of 19.67%. The firm had revenue of $313.36 million during the quarter, compared to the consensus estimate of $312.97 million. During the same quarter in the previous year, the firm posted $1.44 EPS. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. On average, analysts expect Littelfuse to post $7.72 EPS for the current fiscal year and $8.51 EPS for the next fiscal year.
Shares of Littelfuse, Inc. (NASDAQ:LFUS) opened at 210.84 on Wednesday. The stock’s 50 day moving average is $195.89 and its 200-day moving average is $175.80. The company has a market cap of $4.79 billion, a P/E ratio of 33.18 and a beta of 0.95. Littelfuse, Inc. has a 12 month low of $131.67 and a 12 month high of $212.47.
Several analysts recently commented on the stock. Zacks Investment Research upgraded shares of Littelfuse from a “hold” rating to a “buy” rating and set a $230.00 price target on the stock in a research report on Wednesday, October 18th. CIBC restated a “market perform” rating on shares of Littelfuse in a research report on Friday, October 13th. Oppenheimer Holdings, Inc. lowered shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research report on Friday, October 13th. UBS AG lowered shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research report on Friday, October 13th. Finally, Robert W. Baird restated a “buy” rating and set a $202.00 price target on shares of Littelfuse in a research report on Thursday, October 12th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company’s stock. Littelfuse currently has an average rating of “Hold” and an average price target of $198.20.
Littelfuse Company Profile
Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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