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Littelfuse: 1Q Earnings Snapshot

CHICAGO (AP) _ Littelfuse Inc. (LFUS) on Wednesday reported first-quarter net income of $37 million.

On a per-share basis, the Chicago-based company said it had profit of $1.48. Earnings, adjusted for non-recurring costs and restructuring costs, were $1.96 per share.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.

The circuit protection manufacturer posted revenue of $405.5 million in the period, which did not meet Street forecasts. Four analysts surveyed by Zacks expected $406.1 million.

Littelfuse shares have increased 17% since the beginning of the year. The stock has risen nearly 8% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LFUS at https://www.zacks.com/ap/LFUS