Littelfuse Reports First Quarter Results for 2019
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Littelfuse (LFUS) Tops Q1 EPS by 4c, Revenues Miss; Offers 2Q EPS/Revenue Guidance Below Consensus
May 1, 2019 6:20 AM EDTLittelfuse (NASDAQ: LFUS) reported Q1 EPS of $1.96, $0.04 better than the analyst estimate of $1.92. Revenue for the quarter came in at $405.5 million versus the consensus estimate of $407.89 million.
Net sales of $405.5 million were in line with guidance, down 3% versus the prior year period, and down 4% organicallyGrowth by segment versus the prior year period:Electronics sales were flat (down 4% organically)Automotive sales decreased 10% (down 7%... More