Littelfuse Inc
LFUS: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|kN | LOCK|sK<Ms | LOCK|Xr^z<DR |
Littelfuse Earnings: The Recovery Continues Even With Some Soft End Markets, and We Like Basler Deal
Littelfuse's third-quarter results were at the high end of guidance, with sales rising 10% year over year to $625 million. Fourth-quarter guidance implies a seasonal sequential decline in sales and margin. Littelfuse also announced the acquisition of Basler Electric for $350 million in cash.
