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Littelfuse (LFUS) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
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Littelfuse (LFUS - Free Report) reported $607.07 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 7.9%. EPS of $2.97 for the same period compares to $4.28 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $585.8 million, representing a surprise of +3.63%. The company delivered an EPS surprise of +13.79%, with the consensus EPS estimate being $2.61.
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: $86.12 million versus $86.50 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.3% change.
Net sales- Electronics: $343.93 million compared to the $335.75 million average estimate based on two analysts. The reported number represents a change of -13.5% year over year.
Net sales- Transportation: $177.02 million compared to the $163.25 million average estimate based on two analysts.
Operating income / (loss)- Electronic: $77.02 million versus $67.60 million estimated by two analysts on average.
Operating income / (loss)- Industrial: $13.20 million versus $14 million estimated by two analysts on average.
Operating income / (loss)- Transportation: $9.69 million compared to the $8.50 million average estimate based on two analysts.
Shares of Littelfuse have returned -12.3% over the past month versus the Zacks S&P 500 composite's -2.8% 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) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
Littelfuse (LFUS - Free Report) reported $607.07 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 7.9%. EPS of $2.97 for the same period compares to $4.28 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $585.8 million, representing a surprise of +3.63%. The company delivered an EPS surprise of +13.79%, with the consensus EPS estimate being $2.61.
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: $86.12 million versus $86.50 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8.3% change.
- Net sales- Electronics: $343.93 million compared to the $335.75 million average estimate based on two analysts. The reported number represents a change of -13.5% year over year.
- Net sales- Transportation: $177.02 million compared to the $163.25 million average estimate based on two analysts.
- Operating income / (loss)- Electronic: $77.02 million versus $67.60 million estimated by two analysts on average.
- Operating income / (loss)- Industrial: $13.20 million versus $14 million estimated by two analysts on average.
- Operating income / (loss)- Transportation: $9.69 million compared to the $8.50 million average estimate based on two analysts.
View all Key Company Metrics for Littelfuse here>>>Shares of Littelfuse have returned -12.3% over the past month versus the Zacks S&P 500 composite's -2.8% 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.