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.
