Littelfuse (LFUS) Reports Earnings Tomorrow: What To Expect

StockStory
27 Jan
Littelfuse (LFUS) Reports Earnings Tomorrow: What To Expect

Electronic component provider Littelfuse (NASDAQ:LFUS) will be reporting earnings tomorrow after market hours. Here’s what to look for.

Littelfuse beat analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $567.4 million, down 6.5% year on year. It was a very strong quarter for the company, with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

Is Littelfuse a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Littelfuse’s revenue to decline 1.6% year on year to $525.4 million, improving from the 13% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.06 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Littelfuse has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Littelfuse’s peers in the electrical equipment segment, some have already reported their Q4 results, giving us a hint as to what we can expect. OSI Systems delivered year-on-year revenue growth of 12.5%, beating analysts’ expectations by 3.2%, and LSI reported revenues up 35.5%, topping estimates by 14.3%. OSI Systems traded up 18.4% following the results while LSI was also up 11.7%.

Read our full analysis of OSI Systems’s results here and LSI’s results here.

There has been positive sentiment among investors in the electrical equipment segment, with share prices up 4.9% on average over the last month. Littelfuse is down 1.9% during the same time and is heading into earnings with an average analyst price target of $297 (compared to the current share price of $229.99).

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