On July 30, Littelfuse rose 5.2% in regular trading, trading at $413.5/share, with turnover of $156 million. The rally was driven by the company's Q2 earnings release, which exceeded market expectations on all key metrics.
Littelfuse reported Q2 adjusted EPS of $4.19, well above the consensus estimate of $3.78. Revenue came in at $738.8 million, representing 20.6% year-over-year growth and surpassing the $703.4 million analyst estimate. Cash flow was notably strong, with operating cash flow reaching $146 million and free cash flow of $127 million, up 75% year-over-year. The company also raised its quarterly dividend by 6.7% to $0.80 per share.
More significantly, the Q3 outlook far exceeded expectations, with guided adjusted EPS of $4.85 to $5.05 versus the $3.93 consensus, and projected revenue of $780 million to $800 million against analyst expectations of $723.1 million, implying approximately 26% year-over-year growth. The robust guidance reflects continued momentum in electronic components and circuit protection solutions, supported by recovering automotive electronics demand and energy storage applications.
(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.)