NASDAQ$LFUS

Littelfuse Inc · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported record annual sales, earnings, and cash generation driven by resilient business model and growth strategy.

Littelfuse reported Q4 2022 results with net sales of $613.3 million, up 11% versus the prior year period. GAAP diluted EPS was $3.74, an increase of 80% from the prior year period; adjusted diluted EPS was $3.34, up 6% versus the prior year period.

  • Net sales of $613.3 million were up 11% versus the prior year period, and up 4% organically
  • GAAP diluted EPS was $3.74, an increase of 80% from the prior year period
  • Adjusted diluted EPS was $3.34, up 6% versus the prior year period
  • Achieved record levels of sales, earnings and cash generation, including double-digit sales growth in each of our business segments

Headline financials

Total Revenue

$613M

Previous: $553M+10.9%
EPS (adj)

$3.34

Previous: $3.16+5.7%
Capital Expenditures

$26.6M

No prior period
Free Cash Flow

$79.8M

Previous: $99.6M-19.9%
Net Income

$93.3M

Previous: $51.9M+79.6%
Operating Income

$94.2M

Previous: $92.8M+1.5%
Gross Profit

$229M

No prior period
Cash & Equivalents

$563M

Previous: $478M+17.6%
Total Assets

$3.9B

Previous: $3.15B+23.9%
Stock-Based Comp

$3.89M

No prior period

Revenue & EPS history

Littelfuse · Revenue · Quarterly

$613M

Q4 2022+10.9%vs Q4 2021
Beat estimate in 12 of 15 quarters(80%)
ActualEstimate

Revenue by segment

Littelfuse · $613M total across 3 segments · Q4 2022

  • Electronics
    $371M+8.7%
  • Transportation
    $168M+18.4%
  • Industrial
    $74.2M+6.5%

Forward guidance

Based on current market conditions, for the first quarter the company expects net sales in the range of $575 to $605 million, adjusted diluted EPS in the range of $2.73 to $2.97 and an adjusted effective tax rate of approximately 19%

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 Q4 2022

Historical avgQ4 2022

+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

Earnings price reactions
QuarterReport dateReaction (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%

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