LittelfuseNASDAQ: LFUS

Littelfuse, Inc. (NASDAQ:LFUS ) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants David Kelley - Head of IR Dave Heinzmann - President, CEO & Director Meenal Sethna - EVP & CFO Conference Call Participants David Williams - Benchmark Grant Smith - Jefferies Christopher Glynn - Oppenheimer Matt Sheerin - Stifel Luke Junk - Baird Operator Good day, everyone, and welcome to the Littelfuse Third Quarter 2024 Earnings Conference Call. Today's call is being recorded.

The headline numbers for Littelfuse (LFUS) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Littelfuse (LFUS) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.08 per share. This compares to earnings of $2.97 per share a year ago.

CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today reported financial results for the third quarter ended September 28, 2024: Net sales of $567 million were down 7% versus the prior year period and organically GAAP diluted EPS was $2.32 and adjusted diluted EPS was $2.71 Cash flow from operations was $80 million and free cash flow was $65 million “In the third quarter,.

Littelfuse (LFUS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Littelfuse (LFUS) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, announced today that it will release financial results for its third quarter of fiscal 2024 after market close on Tuesday, October 29, 2024. The press release and slide presentation will be available in the Investor Relations section of the company's website, Littelfuse.com. The company will host a conference call on Wednesda.

Despite being richly valued, I believe Littelfuse could see a 23% price increase over the next 12 months, driven by a strong expected upcycle in FY25 and robust EPS growth. The company faces potential challenges in AI and edge computing compatibility, geopolitical risks, and supply chain vulnerabilities that could impact its competitiveness and profitability. Littelfuse's strategic acquisitions and focus on innovation position it well to navigate market complexities, though it's slightly overvalued compared to similar-sized peers like Vishay.

While the top- and bottom-line numbers for Littelfuse (LFUS) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.