Littelfuse shares tumble as weak guidance overshadows Q3 earnings beat

Investing.com - Littelfuse, Inc. (NASDAQ:LFUS) shares fell 3.07% on Wednesday after the electrical components maker issued fourth-quarter guidance that disappointed investors despite reporting better-than-expected third-quarter results.

The company, which specializes in circuit protection products, posted adjusted earnings of $2.95 per share for the third quarter, exceeding analyst estimates of $2.80. Revenue reached $625 million, slightly above the consensus estimate of $622.92 million and up 10.1% from $567.39 million in the same period last year.

Despite the earnings beat, investors focused on Littelfuse ’s fourth-quarter outlook, which projected adjusted earnings of $2.40-$2.60 per share, below analyst expectations. The company expects fourth-quarter revenue between $570-$590 million, representing approximately 10% growth year-over-year but indicating a sequential decline from the third quarter.

"We are pleased with our third quarter performance as we delivered strong revenue growth versus the prior year while our adjusted diluted earnings exceeded the high end of our guidance range reflecting solid execution amid mixed end market conditions," said Greg Henderson, Littelfuse President and Chief Executive Officer.

The Electronics segment led growth with sales increasing 17.5% to $357.46 million, driven by a 19% organic growth in passive products. Transportation segment sales remained flat at $171.31 million, while Industrial segment sales rose 4.4% to $95.87 million.

Littelfuse also announced the upcoming acquisition of Basler Electric, a provider of electrical control and protection solutions for industrial markets, which the company expects will expand its high-growth market opportunities and enhance its technology capabilities.

The company maintained its quarterly dividend of $0.75 per share, payable on December 4, 2025, to shareholders of record as of November 20, 2025.

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