Littelfuse Inc. (LFUS) announced Thursday morning that it now expects to report first quarter adjusted earnings of $1.13 to $1.16 per share. Prior guidance had been for earnings of $0.98 to $1.12 per share.
Littelfuse gapped open higher Thursday and climbed during the first hour of trade, before settling into a range. The stock finished up by 3.01 at $98.13 on strong volume. Littelfuse broke out of a 3-week range and set a new high for the year.
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