Littelfuse 2025 Q1 Earnings Meets Expectations as Revenue Climbs 3.5%

Littelfuse (LFUS) reported its fiscal 2025 Q1 earnings on Apr 29th, 2025. The total revenue of Littelfuse increased by 3.5% to $554.31 million in 2025 Q1, up from $535.38 million in 2024 Q1. Littelfuse exceeded revenue expectations with a surprise of +2.71% over the Zacks Consensus Estimate. The company issued guidance for Q2 2025, expecting net sales between $565 million and $595 million and adjusted diluted EPS between $2.10 and $2.40, aligning with market expectations. Littelfuse remains confident in its flexible operating model despite ongoing market uncertainties.

Revenue
Littelfuse's revenue for Q1 2025 saw an uptick of 3.5%, reaching $554.31 million compared to the same quarter last year. The Electronics segment led the charge with revenue of $307.25 million, while the Transportation segment contributed $161.86 million. The Industrial segment also showed growth, generating $85.20 million. This comprehensive performance underscores Littelfuse's diversified business strategy and sustained market demand across its varied segments.

Earnings/Net Income
Littelfuse's EPS declined 9.7% to $1.76 in 2025 Q1 from $1.95 in 2024 Q1. The company's net income also decreased to $43.57 million, marking a 10.1% decline from the $48.45 million reported in 2024 Q1. The drop in EPS and net income indicates challenges in maintaining profitability despite revenue growth.

Post-Earnings Price Action Review
Following the earnings release, Littelfuse's stock price exhibited mixed reactions over different time frames. Despite a 3.5% increase in revenue, the stock's movement suggests that while higher revenue figures generally support stock prices, other factors, including declining net income and EPS, may have tempered investor enthusiasm. The 3-day win rate for EPS stands at 57.14%, suggesting a moderate reliability of EPS as an indicator for short-term stock price movement. Overall, the interplay of earnings metrics and broader market conditions influences Littelfuse's stock performance. Investors should weigh these metrics alongside external factors and company-specific news when making decisions.

CEO Commentary
"In the first quarter, we delivered results that exceeded our expectations, driven by solid Electronics Segment demand recovery and robust growth in our Industrial Segment," said Greg Henderson, Littelfuse President and Chief Executive Officer. He emphasized improved bookings across the business and strong operational performance, which contributed to an expanded operating margin. Henderson noted the company's preparedness to navigate an uncertain environment, backed by a flexible operating model, strong balance sheet, and diversified exposures. He expressed confidence in Littelfuse's history of profitability and cash flow, highlighting the alignment with long-term growth trends and the commitment to delivering compelling returns for shareholders.

Guidance
For the second quarter, Littelfuse expects net sales in the range of $565 million to $595 million and adjusted diluted EPS between $2.10 and $2.40, with an adjusted effective tax rate of 23% to 25%. The company notes that guidance is provided on a non-GAAP basis, excluding uncertain items that could materially affect results in accordance with GAAP.

Additional News
In recent weeks, Littelfuse has been active in strategic initiatives beyond its earnings performance. The company has announced a cash dividend of $0.70 per share, payable on June 5, 2025, to shareholders of record on May 22, 2025. Additionally, Littelfuse's board has approved new equity award agreements, which aim to align employee incentives with long-term shareholder value. These moves highlight Littelfuse's ongoing commitment to returning value to shareholders while maintaining a focus on strategic growth and employee engagement. The company continues to position itself for resilience in the face of market challenges, leveraging its diversified operations and strong financial foundation.