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Dec 30, 2023
Littelfuse Q4 2023 Earnings Report
Reported fourth quarter and full year results, driven by a diversified and resilient business model.
Key Takeaways
Littelfuse reported Q4 2023 results with net sales of $533.8 million, a 13% decrease versus the prior year period. GAAP diluted EPS was $1.71, and adjusted diluted EPS was $2.02. The company focused on driving sustainable growth and profitability while delivering record free cash flow and resilient margins.
Net sales of $533.8 million were down 13% versus the prior year period, and down 14.5% organically.
GAAP diluted EPS was $1.71; adjusted diluted EPS was $2.02.
Cash flow from operations was $144 million and free cash flow was $121 million.
The company expects a return to growth during 2024.
Revenue by Segment
Forward Guidance
Based on current market conditions, for the first quarter the company expects net sales in the range of $505 to $530 million, adjusted diluted EPS in the range of $1.65 to $1.85 and an adjusted effective tax rate of approximately 20.5%.
Positive Outlook
- Net sales in the range of $505 to $530 million
- Adjusted diluted EPS in the range of $1.65 to $1.85
- Adjusted effective tax rate of approximately 20.5%
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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