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.

You May Also Be Interested In

• Novagold Resources, Inc. (NG) Misses Q3 EPS by 2c
• PepsiCo shares climb after Q3 beat, though company trims profit forecast
• Aegon shareholders approve US redomiciliation at EGM