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Littelfuse: 2Q Earnings Snapshot

CHICAGO (AP) _ Littelfuse Inc. (LFUS) on Wednesday reported second-quarter net income of $42.3 million.

On a per-share basis, the Chicago-based company said it had net income of $1.67. Earnings, adjusted for non-recurring costs and restructuring costs, came to $2.68 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.49 per share.

The circuit protection manufacturer posted revenue of $459.2 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $458.6 million.

Littelfuse shares have climbed almost 10 percent since the beginning of the year. The stock has risen 20 percent 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