ROSEMONT, Ill. (AP) — ROSEMONT, Ill. (AP) — Littelfuse Inc. (LFUS) on Tuesday reported first-quarter earnings of $43.6 million.
On a per-share basis, the Rosemont, Illinois-based company said it had net income of $1.75. Earnings, adjusted for non-recurring costs, were $2.19 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.82 per share.
The circuit protection manufacturer posted revenue of $554.3 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $539.7 million.
For the current quarter ending in June, Littelfuse expects its per-share earnings to range from $2.10 to $2.40.
The company said it expects revenue in the range of $565 million to $595 million for the fiscal second quarter.
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