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Non-Tech : Littelfuse, Inc. (NasdaqNM:LFUS)

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From: JakeStraw3/4/2010 10:02:47 AM
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Littelfuse, Inc (LFUS): Zacks Rank Buy
finance.yahoo.com

On Feb 8 Littelfuse announced quarterly results that included a 21% jump in sales, to $128 million. The Zacks #1 ranked stock earned 52 cents per shares, beating expectations by 3 cents. This was the third consecutive earnings surprise.

Comments from Littelfuse's CEO highlighted a strong increase in demand and cost reduction measures that bode well for the upcoming year.

Following the earnings news the Zacks Consensus Estimates surged, with full-year 2010 rising to $2.35, from $1.52. Next year's forecasts are averaging $2.64, up from $2.08. These levels project earnings growth of 286% and 12% respectively.
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