Littelfuse Revises Q1 Forecast - Quick Facts

(RTTNews) - Littelfuse, Inc. (LFUS) said it is raising its guidance for the first quarter, citing positive momentum in its Electronics and Automotive businesses, which has more than offset continued weakness in the mining sector.

The company said it now expects earnings of $1.09 - $1.12 per share for the first quarter of 2014, including nearly $1.2 million of special, non-cash items primarily related to the SymCom acquisition. Excluding these special items, the company now expects earnings of $1.13 - $1.16 per share. Earlier, the company forecast earnings of $0.98 - $1.12 per share.

Also, first-quarter sales are now expected to be about $207 million compared with the previous range of $195 - $205 million.