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0 0 -0.0038805648377708 -0.00112413187760824 0.000138591601349007 -0.000123192534532295 0.0055590631207749 0.0055590631207749
Stock impact report

Littelfuse (LFUS) Stock Trades Up, Here Is Why [Yahoo! Finance]

Littelfuse, Inc. (LFUS) 
Last littelfuse, inc. earnings: 4/29 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.littelfuse.com/events.cfm
Company Research Source: Yahoo! Finance
results that beat analyst expectations and provided a strong forecast for the upcoming quarter, leading to an analyst upgrade. Littelfuse announced adjusted earnings of $2.69 per share on revenue of about $594 million, both of which were higher than anticipated. The positive momentum appeared set to continue, as the company projected first-quarter sales in the range of $625 million to $645 million, also ahead of estimates. Management noted that the company ended the year with a “robust backlog and considerable momentum,” supported by fourth-quarter bookings that were up more than 20% compared to the prior year. Following the strong report, Benchmark analyst David Williams upgraded the stock's rating from Hold to Buy and set a new price target of $360. After the initial pop the shares cooled down to $325.30, up 3.5% from previous close. Is now the time to buy Littelfuse? Access our full analysis report here, it's free Littelfuse's shares are somewhat volatile and have had 11 mo Show less Read more
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