Littelfuse, Inc. (NASDAQ:LFUS) is reporting third quarter earnings results on Wednesday 28th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.14 per share.
For the full year, analysts predict revenues of $ 1343.61 million, while looking forward to income of $ 4.20 per share.
The Company Outlook
Revenue for 3Q20 are expected in a range of $ 344.22 million ~ $ 353.44 million
Click Here For More Historical Outlooks Of Littelfuse, Inc.
Previous Quarter Performance
Littelfuse, Inc. came out with income for the second quarter of $ 0.71 per share, from the revenue of $ 307.34 million. The quarterly earnings declined 62.83 percent compared with the same quarter last year. Wall street analysts are predicting, LFUS to report 2Q20 income of $ 0.37 per share from revenue of $ 274.28 million. The bottom line results beat street analysts by $ 0.34 or 91.89 percent, at the same time, top line results outshined analysts by $ 33.06 million or 12.05 percent.
Stock Performance
Shares of Littelfuse, Inc. traded up $ 0.52 or 0.27 percent on Tuesday, reaching $ 196.50 with volume of 107.20 thousand shares. Littelfuse, Inc. has traded high as $ 196.58 and has cracked $ 192.53 on the downward trend
According to the previous trading day, closing price of $ 196.50, representing a 89.12 % increase from the 52 week low of $ 103.63 and a 4 % decrease over the 52 week high of $ 204.15.
The company has a market capital of $ 4.78 billion and is part of the Technology sector and Electronics Distribution industry.
Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.48 per share on July 29, 2020. The dividend were payable on September 3, 2020 to holders of record as of the close of business on August 20, 2020 and ex-dividend date on August 19, 2020.
Conference Call
Littelfuse, Inc. will be hosting a conference call at 10:00 AM eastern time on 28th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.littelfuse.com
Littelfuse, Inc. designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The companys 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.
