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Mar 30, 2024
Littelfuse Q1 2024 Earnings Report
Solid execution drove Q1 sales above, and EPS in-line with guidance.
Key Takeaways
Littelfuse reported first quarter results for 2024 with net sales of $535 million, down 12% versus the prior year period, and down 12% organically. GAAP diluted EPS was $1.93 and adjusted diluted EPS was $1.76. Cash flow from operations was $57 million and free cash flow was $42 million.
Net sales of $535 million were down 12% versus the prior year period, and down 12% organically
GAAP diluted EPS was $1.93 and adjusted diluted EPS was $1.76
Cash flow from operations was $57 million
Free cash flow was $42 million
Revenue by Segment
Forward Guidance
For the second quarter the company expects net sales in the range of $525 - $555 million, adjusted diluted EPS in the range of $1.65 - $1.85 and an adjusted effective tax rate of approximately 23%
Positive Outlook
- Net sales in the range of $525 - $555 million
- Adjusted diluted EPS in the range of $1.65 - $1.85
- Adjusted effective tax rate of approximately 23%
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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