Littelfuse, Inc. (NASDAQ:LFUS) is expected to report second quarter earnings results, before market open, on Wednesday 29th July 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.37 per share from revenue of $ 274.28 million.
Looking ahead, the full year income are expected at $ 3.52 per share on the revenues of $ 1259.98 million.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 276.88 million ~ $ 276.88 million
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Previous Quarter Performance
Littelfuse, Inc. reported income for the first quarter of $ 1.29 per share, from the revenue of $ 346.10 million. The quarterly earnings dropped 34.18 percent while revenues shrunk 14.65 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.97 per share from $ 336.33 million in revenue. The bottom line results beat street analysts by $ 0.32 or 32.99 percent, at the same time, top line results outshined analysts by $ 9.77 million or 2.90 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of LFUS was $ 172.11, representing a 66.08 % increase from the 52 week low of $ 103.63 and a 12.19 % decrease over the 52 week high of $ 196.00.
The company has a market capital of $ 4.20 billion and is part of the Technology sector and Electronics Distribution industry.
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Recent Stock Dividend Announcement
The board of directors has authorized quarterly dividend of $ 0.48 per share on April 29, 2020. The dividend were payable on June 4, 2020 to holders of record as of the close of business on May 21, 2020 and ex-dividend date on May 20, 2020.
Conference Call
Littelfuse, Inc. will be hosting a conference call at 10:00 AM eastern time on 29th July 2020, to discuss its 2Q20 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.