Littelfuse (LFUS) Tops Q2 EPS by 34c

Littelfuse (NASDAQ: LFUS) reported Q2 EPS of $0.71, $0.34 better than the analyst estimate of $0.37. Revenue for the quarter came in at $307.3 million versus the consensus estimate of $274.28 million.

Third Quarter of 2020 Outlook:

The company expects sequential sales growth of 12% – 15%, with a sequential adjusted operating income drop through of approximately 40%. The forecast assumes all of its production facilities continue operations to meet demand levels

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

You May Also Be Interested In

• SanDisk stock target lifted at Bernstein to $3000 on new memory LTAs
• Air Products cancels Louisiana clean energy project, faces $2.9B charge
• Merck (MRK) PT Raised to $155 at Scotiabank