US Stock Movement: Littelfuse Surges on October 29—Q3 Earnings Beat Expectations, Strong Q4 Guidance, and Data Center Boost

Littelfuse Inc. Surged on October 29 – Analysis

Keywords: Q3 earnings beat, strong Q4 guidance, data center

1. On October 28, electronic component supplier Littelfuse announced its fiscal Q3 2026 results. Net sales reached a record $767 million, with organic growth of 22%. Adjusted diluted earnings per share were $5.79, up 96% year-over-year. Adjusted EBITDA was $226 million, with a margin of 28.4%.

2. On October 28, the company projected Q4 adjusted EPS between $5.05 and $5.25, with sales expected to range from $750 million to $770 million.

3. On October 28, during its Q3 earnings call, the company stated that data centers remain a core growth driver. Industrial automation, power grid infrastructure, and commercial vehicle demand are robust; the Basler acquisition contributed about 6%. The company reiterated its 2030 targets of $4.5 billion in revenue and $1.1 billion in adjusted EBITDA.

(Disclaimer: This content is generated by AI summarizing publicly available information and is for reference only; it does not constitute investment advice.)