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UPDATE: Littlefuse Reports Upbeat Q4 Results, Issues Weak Q1 Earnings Forecast

By Insider Scoop
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Courtesy of Benzinga.

Littlefuse Inc (NASDAQ: LFUS) reported stronger-than-expected fourth-quarter results, but the company issued downbeat earnings forecast for the current quarter.

Littlefuse projects Q1 earnings of $0.68 to $0.78 per share, versus analysts’ estimates of $0.81 per share. It expects revenue of $148 million to $158 million, versus analysts’ expectations of $152.8 million.

Littlefuse’s quarterly earnings fell to $15.2 million, or $0.70 per share, from $19.6 million, or $0.88 per share, in the year-ago period. Excluding items, the company earned $0.67 per share. Its revenue climbed 3% to $147.2 million. However, analysts were expecting earnings of $0.64 per share on revenue of $145.7 million.

Littlefuse’s shares fell 0.07% to close at $53.68 yesterday.

(c) 2011 Benzinga.com. All rights reserved. This material may not be published in its entirety or redistributed without the approval of Benzinga.


For more Benzinga, visit Benzinga Professional Service, Value Investor, and Stocks Under $5.

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