Littelfuse Q1 sales and adjusted EPS rise

Littelfuse

06/05/2026 12:29

Overview

Electrical protection solutions maker's Q1 net sales rose year-over-year

Adjusted EPS for Q1 increased to $3.31 from $2.19 a year ago

Outlook

Littelfuse expects Q2 net sales between $690 mln and $710 mln

Company sees Q2 adjusted diluted EPS in the range of $3.65–$3.85

Company says Q2 demand strength remains broad based, supported by strong backlog and Basler acquisition

Result Drivers

ELECTRONICS SEGMENT GROWTH - Electronics segment sales rose 18%, with 15% organic growth driven by improved passive product sales (+22% organic) and higher protection semiconductor volumes, offsetting lower power semiconductor sales

INDUSTRIAL SEGMENT BOOST - Industrial segment sales increased 45%, with the Basler acquisition contributing 39% to growth, and organic gains from grid & utility infrastructure and data center demand, plus favorable pricing

MARGIN EXPANSION - Margin improvements across all segments were attributed to volume leverage and operational execution, with adjusted EBITDA margin rising to 22.9% (+280 bps)

Company press release: ID:nBw9bHmCHa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Beat
$656.97 mln
$635 mln (1 Analyst)
Q1 Adjusted EPS
Beat
$3.31
$2.85 (2 Analysts)
Q1 EPS
$2.96
Q1 Net Income
$75.15 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

Wall Street's median 12-month price target for Littelfuse Inc is $430.00, about 1.7% above its May 5 closing price of $422.80

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 25 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)