Brief: Littelfuse Reports First Quarter Results For 2021

Littelfuse

28/04/2021 11:05

April 28 (Reuters) - Littelfuse Inc  LFUS.O :
    * LITTELFUSE REPORTS FIRST QUARTER RESULTS FOR 2021
    * Q1 ADJUSTED EARNINGS PER SHARE $2.67
    * Q1 GAAP EARNINGS PER SHARE $2.32
    * Q1 SALES ROSE 34 PERCENT TO $463.8 MILLION
    * SEES Q2 ADJUSTED EARNINGS PER SHARE $2.12 TO $2.28
    * SEES Q2 SALES $463 MILLION TO $477 MILLION
    * SAYS BOARD APPROVED NEW STOCK REPURCHASE AUTHORIZATION TO
REPLACE ITS PREVIOUS 2020 PROGRAM
    * SAYS CO MAY REPURCHASE UP TO $300 MILLION IN AGGREGATE OF
SHARES
OF COMMON STOCK FOR PERIOD MAY 1, 2021 TO APRIL 30, 2024
    * Q1 EARNINGS PER SHARE VIEW $1.90, REVENUE VIEW $426.6
MILLION --
REFINITIV IBES DATA
    * Q2 EARNINGS PER SHARE VIEW $2.08, REVENUE VIEW $436.5
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw1YQnkma 
Further company coverage:  LFUS.O 

 ((Reuters.Briefs@thomsonreuters.com;))