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Littelfuse Q3 Adjusted Earnings, Net Sales Decline; Q4 Outlook Set
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Littelfuse Q3 Adjusted Earnings, Net Sales Decline; Q4 Outlook Set
Nov 3, 2024 2:30 PM

05:31 PM EDT, 10/29/2024 (MT Newswires) -- Littelfuse ( LFUS ) reported Q3 adjusted earnings late Tuesday of $2.71 per diluted share, down from $2.97 a year earlier.

Analysts polled by Capital IQ expected $2.08 per share.

Net sales for the quarter ended Sept. 28 were $567.4 million, down from $607.1 million a year earlier.

Analysts surveyed by Capital IQ expected $557.7 million.

Littelfuse ( LFUS ) said it expects Q4 adjusted EPS of $1.90 to $2.10 on sales of $510 million to $540 million. Analysts polled by Capital IQ are looking for EPS of $2.38 and sales of $555.7 million.

The company kept its quarterly dividend to $0.70 per share. The dividend is payable on Dec. 5 to shareholders of record on Nov. 21.

Price: 260.23, Change: +1.09, Percent Change: +0.42

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