NASDAQ$LFUS
Littelfuse Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported strong first quarter results, above sales and adjusted EPS guidance.
Littelfuse reported a 2% decrease in net sales compared to the prior year, with net sales of $609.8 million. GAAP diluted EPS was $3.54, and adjusted diluted EPS was $3.64. Cash flow from operations increased by 3% to $53.4 million, and free cash flow increased by 26% to $27.7 million.
- Net sales of $609.8 million were down 2% versus the prior year period, and down 8% organically.
- GAAP diluted EPS was $3.54; adjusted diluted EPS was $3.64.
- Cash flow from operations was $53.4 million, up 3% from the prior year period, and free cash flow was $27.7 million, up 26% from the prior year period.
- Completed the acquisition of Western Automation Research and Development Limited on February 3.
Headline financials
Revenue & EPS history
Littelfuse · Revenue · Quarterly
$610M
Revenue by segment
Littelfuse · $610M total across 3 segments · Q1 2023
- Electronics$359M-2.0%58.8%
- Transportation$167M-9.7%27.3%
- Industrial$84.5M+15.8%13.9%
Forward guidance
For the second quarter of 2023, the company expects net sales in the range of $607 to $633 million and adjusted diluted EPS in the range of $3.20 to $3.45.
Tailwinds
- Net sales in the range of $607 to $633 million
Headwinds
- Adjusted diluted EPS in the range of $3.20 to $3.45
- Adjusted effective tax rate of approximately 16%
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+0.5%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+3.2%
Avg return
30 days after
53%
34 / 64 earnings
Positive
+12.6%
Q1 2018
Best reaction
-13.2%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.6% | +3.2% | +3.5% | |
| Q4 2025 | +5.9% | +9.8% | +19.0% | |
| Q3 2025 | -3.9% | -5.0% | -2.5% | |
| Q1 2025 | +3.5% | +4.5% | +12.5% | |
| Q4 2024 | +5.0% | +3.4% | +3.6% | |
| Q3 2024 | -1.3% | -2.1% | -3.5% | |
| Q2 2024 | +2.7% | -5.0% | +3.7% | |
| Q1 2024 | -1.1% | +4.9% | +8.4% | |
| Q4 2023 | +1.1% | +2.6% | -0.4% | |
| Q3 2023 | +4.7% | +8.2% | +8.1% | |
| Q2 2023 | -13.2% | -16.0% | -12.3% | |
| Q1 2023 | +8.1% | +7.9% | +5.3% | |
| Q4 2022 | +5.9% | +3.1% | +6.3% | |
| Q3 2022 | -5.3% | -3.3% | +12.6% | |
| Q2 2022 | -6.5% | -8.7% | -16.7% | |
| Q1 2022 | +10.3% | +8.8% | +17.7% | |
| Q4 2021 | -5.1% | -5.8% | -6.6% | |
| Q3 2021 | -5.7% | -0.4% | +6.5% | |
| Q2 2021 | +9.0% | +7.3% | +16.5% | |
| Q1 2021 | -1.2% | -3.2% | -5.1% | |
| Q4 2020 | -3.1% | +2.1% | -2.0% | |
| Q3 2020 | +1.8% | +2.9% | +23.4% | |
| Q2 2020 | +3.3% | +5.5% | +6.8% | |
| Q1 2020 | +1.6% | -1.8% | +13.7% | |
| Q4 2019 | -2.0% | -5.1% | -14.5% | |
| Q3 2019 | -7.1% | -2.2% | -4.0% | |
| Q2 2019 | -12.7% | -17.7% | -17.4% | |
| Q1 2019 | -3.7% | -6.2% | -18.8% | |
| Q4 2018 | -4.7% | -1.2% | +4.3% | |
| Q3 2018 | +10.4% | +10.5% | +13.2% | |
| Q2 2018 | +1.3% | +2.0% | +3.1% | |
| Q1 2018 | +12.6% | +13.7% | +15.7% | |
| Q4 2017 | +6.9% | +0.3% | +1.1% | |
| Q3 2017 | -12.1% | -9.8% | -3.6% | |
| Q2 2017 | +2.7% | +0.5% | +2.8% | |
| Q1 2017 | +11.0% | +9.4% | +10.3% | |
| Q4 2016 | +2.2% | +2.2% | +3.6% | |
| Q3 2016 | +0.5% | +4.7% | +8.0% | |
| Q2 2016 | -4.4% | -5.3% | +3.1% | |
| Q1 2016 | -5.7% | — | — | |
| Q4 2015 | +5.6% | — | — | |
| Q3 2015 | +9.2% | — | — | |
| Q2 2015 | +0.9% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2014 | -8.8% | — | — | |
| Q3 2014 | +5.9% | — | — | |
| Q2 2014 | -2.9% | — | — | |
| Q1 2014 | -3.0% | — | — | |
| Q4 2013 | +1.7% | — | — | |
| Q3 2013 | +6.0% | — | — | |
| Q2 2013 | +1.3% | — | — | |
| Q1 2013 | +1.9% | — | — | |
| Q4 2012 | +3.0% | — | — | |
| Q3 2012 | -0.5% | — | — | |
| Q2 2012 | -0.8% | — | — | |
| Q1 2012 | -1.6% | — | — | |
| Q4 2010 | -0.4% | — | — | |
| Q1 2011 | -0.4% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | +4.8% | — | — | |
| Q2 2011 | -2.3% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q2 2010 | +9.8% | — | — | |
| Q1 2010 | -9.3% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro