Littelfuse (LFUS) to Release Earnings on Wednesday

Littelfuse (NASDAQ:LFUS) will be issuing its quarterly earnings data before the market opens on Wednesday, October 30th. Analysts expect the company to announce earnings of $1.57 per share for the quarter. Littelfuse has set its Q3 2019 guidance at $1.50-1.64 EPS and its Q3 guidance at $1.50-$1.64 EPS.Parties interested in registering for the company’s conference call can do so using this link.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings data on Wednesday, July 31st. The technology company reported $1.91 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.91. The firm had revenue of $397.00 million during the quarter, compared to analyst estimates of $397.98 million. Littelfuse had a return on equity of 13.82% and a net margin of 10.15%. The business’s quarterly revenue was down 13.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.68 earnings per share. On average, analysts expect Littelfuse to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.

NASDAQ:LFUS opened at $188.63 on Wednesday. The firm has a market cap of $4.61 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 2.52 and a beta of 1.08. Littelfuse has a fifty-two week low of $149.80 and a fifty-two week high of $206.00. The company has a debt-to-equity ratio of 0.46, a quick ratio of 2.95 and a current ratio of 3.90. The business has a 50 day moving average price of $176.74 and a 200-day moving average price of $175.46.

LFUS has been the subject of a number of analyst reports. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd. Robert W. Baird lowered Littelfuse from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from $193.00 to $171.00 in a research note on Thursday, August 1st. Cowen reissued an “outperform” rating and set a $200.00 price objective (down previously from $210.00) on shares of Littelfuse in a research note on Thursday, August 1st. ValuEngine raised Littelfuse from a “hold” rating to a “buy” rating in a research note on Tuesday, September 10th. Finally, BidaskClub raised Littelfuse from a “buy” rating to a “strong-buy” rating in a research note on Tuesday. Four research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $201.83.

About Littelfuse

Littelfuse, Inc designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.

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Earnings History for Littelfuse (NASDAQ:LFUS)

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