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Sep 28, 2024
Littelfuse Q3 2024 Earnings Report
Littelfuse's third quarter earnings exceeded expectations due to strong operational execution.
Key Takeaways
Littelfuse reported net sales of $567 million, a 7% decrease compared to the prior year. GAAP diluted EPS was $2.32, and adjusted diluted EPS was $2.71. Cash flow from operations was $80 million, and free cash flow was $65 million.
Net sales were $567 million, down 7% year-over-year.
GAAP diluted EPS was $2.32, and adjusted diluted EPS was $2.71.
Cash flow from operations reached $80 million.
Free cash flow was $65 million.
Revenue by Segment
Forward Guidance
For the fourth quarter of 2024, Littelfuse expects net sales in the range of $510 - $540 million and adjusted diluted EPS in the range of $1.90 - $2.10.
Positive Outlook
- Net sales in the range of $510 - $540 million
- Adjusted diluted EPS in the range of $1.90 - $2.10
- Adjusted effective tax rate of approximately 14%
Challenges Ahead
- Soft end market conditions extending into the fourth quarter
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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