Littelfuse (LFUS) Tops Q4 EPS by 5c
Littelfuse (NASDAQ: LFUS) reported Q4 EPS of $1.57, $0.05 better than the analyst estimate of $1.52. Revenue for the quarter came in at $284.5 million versus the consensus estimate of $274.95 million.
"We’re pleased with our strong fourth quarter finish, with both sales and earnings exceeding the midpoint of our guidance,\" said Dave Heinzmann, Chief Executive Officer. "Our results were led by strength across our electronics segment, along with solid performance in both our automotive fuse and sensor businesses. We continued to see end market weaknesses across our industrial segment and our commercial vehicle business in our automotive segment, impacting our overall growth for the quarter. Despite these challenges, we finished the quarter with strong earnings and cash flow growth.”
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