02.02.2016 12:43:23
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Littelfuse Sees Q1 Results In Line With Estimates - Quick Facts
(RTTNews) - While reporting its financial results for the fourth quarter today, Littelfuse Inc. (LFUS) provided financial outlook for the first quarter of fiscal 2016 in line with analysts' expectations.
For the first quarter, Littelfuse forecast sales in a range of $213 million to $223 million, which represents 4 percent revenue growth over the prior quarter at the midpoint, or 6 percent growth excluding currency effects. The company also forecast first-quarter earnings in a range of $1.21 to $1.35 per share, excluding special items.
On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.24 per share for the quarter on revenues of $214.87 million. Analysts' estimates typically exclude special items.
The company will pay a cash dividend of $0.29 per common share on March 10, 2016 to shareholders of record at the close of business on February 25, 2016.
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