CHICAGO (AP) — CHICAGO (AP) — Littelfuse Inc. (LFUS) on Tuesday reported third-quarter net income of $58.1 million.
The Chicago-based company said it had profit of $2.32 per share. Earnings, adjusted for non-recurring costs, came to $2.71 per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.08 per share.
The circuit protection manufacturer posted revenue of $567.4 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $558 million.
For the current quarter ending in December, Littelfuse expects its per-share earnings to range from $1.90 to $2.10.
The company said it expects revenue in the range of $510 million to $540 million for the fiscal fourth quarter.