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Littelfuse Inc Raises Q1 2013 Revenue Guidance; Revises Q1 2013 EPS Guidance


Wednesday, 10 Apr 2013 06:30am EDT 

Littelfuse Inc revised guidance for the first quarter of 2013 and expects sales to be approximately $171 million, compared to previous guidance range of $158-$168 million, on a GAAP basis, the Company now expects earnings of $0.63 to $0.66 per diluted share. This includes a non-cash charge of approximately $10.7 million pre-tax ($0.29 per share after tax) to write off the remaining equity investment and loan balance for Shocking Technologies, which is in Chapter 7 bankruptcy. The previous guidance, which called for earnings in the range of $0.75 to $0.88 per diluted share, did not include this charge. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $164 million for first quarter of 2013. 

Company Quote

92.45
-1.93 -2.04%
19 Sep 2014