Littelfuse Inc

LFUS

Equity

ISIN US5370081045 / Valor 947930

NASDAQ (2024-11-21)

USD 238.66+0.30%

Littelfuse Inc
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About company

Littelfuse Inc is a global manufacturer of circuit protection products for the electronics, automotive, and industrial markets.

Summarized from source with an LLMView SourceSector: Technology

Net Sales

Littelfuse Inc. reported net sales of $558 million for the second quarter of 2024, which represents a 9% decrease compared to the same period in the previous year. Organically, net sales were down by 8%.

Earnings Per Share

For Q2 2024, Littelfuse Inc. achieved a GAAP diluted earnings per share (EPS) of $1.82. On an adjusted basis, the diluted EPS was $1.97, surpassing the company's guidance range.

Cash Flow

During the second quarter of 2024, Littelfuse Inc. generated $69 million in cash flow from operations. The free cash flow for the same period was reported at $50 million.

Dividend Increase

The Board of Directors of Littelfuse Inc. approved an 8% increase in the quarterly cash dividend, raising it from $0.65 to $0.70 per share. This adjustment equates to an annualized dividend of $2.80 per share.

Future Outlook

Looking ahead to the third quarter of 2024, Littelfuse Inc. expects net sales to be in the range of $540 million to $570 million. The company also anticipates an adjusted diluted EPS between $1.95 and $2.15, with an adjusted effective tax rate of approximately 26%.

Summarized from source with an LLMView Source

Key figures

1.62%1Y

-25.8%3Y

33.2%5Y

Performance

28.2%1Y

31.4%3Y

36.3%5Y

Volatility