Littelfuse: Q3 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Littelfuse Inc. (LFUS) on Tuesday reported third-quarter net income of $57.8 million.
On a per-share basis, the Chicago-based company said it had profit of $2.30. Earnings, adjusted for non-recurring costs, came to $2.97 per share.
The results surpassed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.61 per share.
The circuit protection manufacturer posted revenue of $607.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $585.8 million.
For the current quarter ending in December, Littelfuse expects its per-share earnings to range from $1.90 to $2.10.
The company said it expects revenue in the range of $520 million to $550 million for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LFUS at https://www.zacks.com/ap/LFUS