Littelfuse to Host 2021 Virtual Investor & Analyst Event Today and Reaffirms First Quarter 2021 Guidance

Rhea-AI Summary

Littelfuse, a leader in industrial technology, is set to present an update on its long-term strategy today at 9:00 a.m. Central Time. A live webcast will be available on Littelfuse.com. The company reaffirmed its first quarter 2021 guidance, projecting net sales between $418 and $432 million and adjusted diluted EPS ranging from $1.76 to $1.92, with an effective tax rate of approximately 21%. Littelfuse continues to innovate across various markets, serving over 100,000 customers globally.

Littelfuse, Inc. (NASDAQ: LFUS), an industrial technology manufacturing company empowering a sustainable, connected, and safer world, will provide an update to its long-term strategy during today’s event, beginning at 9:00 a.m. Central Time. A webcast of the presentation will be broadcast live and made available after the event on the investor relations page of the company’s website, Littelfuse.com.

In addition, Littelfuse reaffirmed its previously issued guidance for the first quarter of 2021*:

• Net sales in the range of $418 to $432 million
• Adjusted diluted EPS in the range of $1.76 to $1.92
• Adjusted effective tax rate of approximately 21%

*Littelfuse provides guidance on a non-GAAP (adjusted) basis. GAAP items excluded from guidance may include the after-tax impact of items including acquisition and integration costs, restructuring, impairment and other charges, certain purchase accounting adjustments, non-operating foreign exchange adjustments and significant and unusual items. These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP. Littelfuse is not able to forecast the excluded items in order to provide the most directly comparable GAAP financial measure without unreasonable efforts.

About Littelfuse

Littelfuse (NASDAQ: LFUS) is an industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 15 countries, and with 12,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation and electronics end markets – everywhere, every day. Learn more at Littelfuse.com.

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FAQ

What is Littelfuse's net sales guidance for Q1 2021?

Littelfuse projects net sales in the range of $418 to $432 million for the first quarter of 2021.

What is the adjusted diluted EPS forecast for LFUS in Q1 2021?

Littelfuse's adjusted diluted EPS is expected to be between $1.76 and $1.92 for the first quarter of 2021.

What time is the Littelfuse strategy update event?

The Littelfuse strategy update event is scheduled for today at 9:00 a.m. Central Time.

Where can I watch Littelfuse's strategy update presentation?

The presentation will be broadcast live and available for replay on Littelfuse.com after the event.

What is Littelfuse's effective tax rate guidance for the first quarter of 2021?

Littelfuse has provided an adjusted effective tax rate guidance of approximately 21% for Q1 2021.