Littelfuse Inc expected to post earnings of $1.76 a share - Earnings Preview

Littelfuse

27/07/2024 01:36

* Littelfuse Inc  LFUS.OQ   LFUS.O  is expected to show a
fall in
quarterly revenue when it reports  results on July 30 for the
period ending June 30 2024
    * The Chicago Illinois-based  company is expected to report
a
11.7% decrease in revenue to $540.309 million from $612 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.The company's guidance on April 30 2024, for
the period ended June 30, was for revenue between $525.00
million and $555.00 million.
    * ​LSEG's mean analyst estimate for Littelfuse Inc is for
earnings
of $1.76 per share. The company's EPS guidance on April 30 2024,
for the period ended June 30, was between $1.65 and $1.85 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Littelfuse
Inc is
$280.00​, above​ its last closing price of $260.01. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.75        1.75       1.76      Beat    0.4
 Dec. 31 2024  2.01        2.11       2.02      Missed  -4.2
 Sep. 30 2023  2.61        2.61       2.97      Beat    13.6​
 Jun. 30 2023  3.37        3.35       3.12      Missed  -6.9
 ​​Mar.        2.87        3.27       3.64      Beat    27.1
 31 2023                                                
 Dec. 31 2022  3.27        3.27       3.34      Beat    2.3​
 Sep. 30 2022  3.79        3.79       4.28      Beat    12.9
 Jun. 30 2022  4.05        4.04       4.26      Beat    5.4
 This summary was machine generated July 27 at 00:36 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)