UPDATE: Littlefuse Reports Upbeat Q4 Results, Issues Weak Q1 Earnings Forecast

Littlefuse Inc LFUS reported stronger-than-expected fourth-quarter results, but the company issued downbeat earnings forecast for the current quarter. Littlefuse projects Q1 earnings of $0.68 to $0.78 per share, versus analysts' estimates of $0.81 per share. It expects revenue of $148 million to $158 million, versus analysts' expectations of $152.8 million. Littlefuse's quarterly earnings fell to $15.2 million, or $0.70 per share, from $19.6 million, or $0.88 per share, in the year-ago period. Excluding items, the company earned $0.67 per share. Its revenue climbed 3% to $147.2 million. However, analysts were expecting earnings of $0.64 per share on revenue of $145.7 million. Littlefuse's shares fell 0.07% to close at $53.68 yesterday.