Littelfuse (LFUS) Tops Q1 EPS by 32c

Littelfuse (NASDAQ: LFUS) reported Q1 EPS of $1.29, $0.32 better than the analyst estimate of $0.97. Revenue for the quarter came in at $346.1 million versus the consensus estimate of $336.33 million.

2020 Outlook:

• For the second quarter of 2020, the company expects net sales to be down approximately 20% sequentially, with an approximately 45% adjusted operating income fall through, reflecting the impact of COVID-19 on the supply chain and end demand environment
• The company is withdrawing its full year 2020 guidance issued on January 29 due to limited visibility of COVID-19 impacts

For earnings history and earnings-related data on Littelfuse (LFUS) click here.

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