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Littelfuse LFUS Q1 2024 earnings

Reported April 30, 2024 · After market close

Revenue$535.4MMiss by $4.9M
EPS$1.76Beat by $0.01
Revenue estimate$540.3M
EPS estimate$1.75

Next report

Date not yet announced

Financials

Q1 2024

Income statement

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Revenue$535.4M-12.2%
Gross profit$187.8M-23.3%
Operating income$55.0M-50.3%
Net income$48.5M-45.4%
EPS (diluted)$1.93-45.5%

Balance sheet

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Cash & equivalents$563.7M+31.9%
Total debt$917.5M-12.5%
Total equity$2.5B+7.1%
Total assets$3.9B-0.5%

Cash flow

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Operating cash flow$57.2M+7.0%
CapEx$15.5M-39.4%
Free cash flow$41.6M+50.0%

Valuation & ratios

Valuation

as of 03/30/24
See full
Market cap$6.04B-9.1%
Enterprise value$6.39B-12.0%
P/E27.5×+8.3×
P/S2.6×0.0×

Profitability

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Gross margin36.8%-2.9pp
Operating margin13.3%-5.1pp
Net margin9.6%-4.2pp
FCF margin16.8%+4.0pp

Returns & leverage

See full
Return on equity9.2%-6.8pp
Debt / equity0.4×-0.1×
Current ratio3.6×+0.9×

Segments

By product

See full
Electronics – Semiconductor$157.9M-24.8%
Electronics – Passive Products and Sensors$133.2M-10.3%
Commercial Vehicle Products$79.5M-5.5%
Industrial Products$73.9M-12.6%
Passenger Car Products$70.3M+13.9%

By segment

See full
Electronics$291.1M-18.8%
Transportation$170.4M+2.2%
Industrial$73.9M-12.6%

Versus estimates

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Questions, answered.

When did Littelfuse report Q1 2024 earnings?
Littelfuse (LFUS) reported Q1 2024 earnings on April 30, 2024 after market close.
What were Littelfuse's Q1 2024 revenue and EPS?
Littelfuse reported revenue of $535.4M and eps of $1.76 for Q1 2024.
Did Littelfuse beat estimates in Q1 2024?
Revenue missed the consensus estimate of $540.3M by $4.9M. EPS beat the consensus estimate of $1.75 by $0.01.
Where can I find Littelfuse's Q1 2024 SEC filings?
You can read the 10-Q periodic report (0000889331-24-000129) directly on SEC EDGAR. The filing index links above go to sec.gov.