Littelfuse Inc (LFUS) announced earnings for first quarter that decreased from last year but beat the Street estimates.
The company's earnings came in at $43.57 million, or $1.75 per share. This compares with $48.45 million, or $1.93 per share, last year.
Excluding items, Littelfuse Inc reported adjusted earnings of $2.19 per share for the period.
Analysts on average had expected the company to earn $1.81 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 3.5% to $554.31 million from $535.39 million last year.
Littelfuse Inc earnings at a glance (GAAP) :
-Earnings: $43.57 Mln. vs. $48.45 Mln. last year.
-EPS: $1.75 vs. $1.93 last year.
-Revenue: $554.31 Mln vs. $535.39 Mln last year.
-Guidance:
Next quarter EPS guidance: $2.10 – $2.40
Next quarter revenue guidance: $565 - $595 Mln
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