On July 30, Littelfuse rose 8.79% in regular trading, trading at $438.71/share, with turnover of $28.36 million. The surge was driven by the company's Q2 earnings release that comprehensively exceeded market expectations, accompanied by exceptionally strong Q3 guidance.
Specifically, Q2 adjusted EPS came in at $4.19, significantly beating the consensus estimate of $3.78. Revenue reached $738.8 million, up 20.6% year-over-year, surpassing the $703.4 million analyst estimate. Free cash flow was $127 million, representing a 75% year-over-year increase. The company also announced a 6.7% dividend increase to $0.80 per share quarterly.
More notably, Q3 guidance far exceeded expectations, with projected adjusted EPS of $4.85 to $5.05 versus the $3.93 consensus, and revenue guidance of $780 million to $800 million versus the $723.1 million estimate, implying approximately 26% year-over-year growth. The strong forward outlook reflects sustained momentum in electronic components and circuit protection solutions.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)