Littelfuse Posts Record $5.79 Adjusted EPS as Q3 Sales Miss Guidance
Photo: TokenPost
Littelfuse posted record adjusted diluted earnings per share of $5.79 for the quarter ended Sept. 26, topping its prior forecast even as net sales fell short of the company’s outlook. Net sales rose 22.7% from $624.640 million a year earlier to $766.729 million. That result was $13.271 million below the low end of Littelfuse’s prior forecast of $780 million to $800 million. Adjusted diluted EPS, a non-GAAP measure, increased 96% from $2.95 a year earlier. At $5.79, it was 74 cents above the high end of the company’s prior range of $4.85 to $5.05.
Source: TokenPost
