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Littelfuse (LFUS) Reports Q2 Earnings: What Key Metrics Have to Say
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For the quarter ended June 2024, Littelfuse (LFUS - Free Report) reported revenue of $558.49 million, down 8.7% over the same period last year. EPS came in at $1.97, compared to $3.12 in the year-ago quarter.
The reported revenue represents a surprise of +3.29% over the Zacks Consensus Estimate of $540.73 million. With the consensus EPS estimate being $1.75, the EPS surprise was +12.57%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Littelfuse performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Sales- Industrial
: $83.89 million versus $76.78 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.6% change.
Net Sales- Electronics
: $305.64 million compared to the $290.79 million average estimate based on three analysts. The reported number represents a change of -12.7% year over year.
Net Sales- Transportation
: $168.96 million compared to the $173.35 million average estimate based on three analysts. The reported number represents a change of -1.8% year over year.
Operating income / (loss)- Electronic
: $46.17 million compared to the $39.52 million average estimate based on three analysts.
Operating income / (loss)- Industrial
: $9.55 million compared to the $6.96 million average estimate based on three analysts.
Operating income / (loss)- Transportation
: $15.23 million versus the three-analyst average estimate of $16.59 million.
Shares of Littelfuse have returned +5.3% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Littelfuse (LFUS) Reports Q2 Earnings: What Key Metrics Have to Say
For the quarter ended June 2024, Littelfuse (LFUS - Free Report) reported revenue of $558.49 million, down 8.7% over the same period last year. EPS came in at $1.97, compared to $3.12 in the year-ago quarter.
The reported revenue represents a surprise of +3.29% over the Zacks Consensus Estimate of $540.73 million. With the consensus EPS estimate being $1.75, the EPS surprise was +12.57%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Littelfuse performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for Littelfuse here>>>Net Sales- Industrial
: $83.89 million versus $76.78 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -6.6% change.Net Sales- Electronics
: $305.64 million compared to the $290.79 million average estimate based on three analysts. The reported number represents a change of -12.7% year over year.Net Sales- Transportation
: $168.96 million compared to the $173.35 million average estimate based on three analysts. The reported number represents a change of -1.8% year over year.Operating income / (loss)- Electronic
: $46.17 million compared to the $39.52 million average estimate based on three analysts.Operating income / (loss)- Industrial
: $9.55 million compared to the $6.96 million average estimate based on three analysts.Operating income / (loss)- Transportation
: $15.23 million versus the three-analyst average estimate of $16.59 million.Shares of Littelfuse have returned +5.3% over the past month versus the Zacks S&P 500 composite's +0.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.