Littelfuse (Nasdaq: LFUS) reported earnings on July 31. Here are the numbers you need to know.

The 10-second takeaway
For the quarter ended June 29 (Q2), Littelfuse met expectations on revenues and beat slightly on earnings per share.

Compared to the prior-year quarter, revenue grew. Non-GAAP earnings per share increased. GAAP earnings per share expanded.

Gross margins dropped, operating margins dropped, net margins grew.

Revenue details
Littelfuse booked revenue of $187.8 million. The five analysts polled by S&P Capital IQ anticipated revenue of $189.6 million on the same basis. GAAP reported sales were 6.8% higher than the prior-year quarter's $175.9 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
EPS came in at $1.15. The six earnings estimates compiled by S&P Capital IQ predicted $1.13 per share. Non-GAAP EPS of $1.15 for Q2 were 7.5% higher than the prior-year quarter's $1.07 per share. GAAP EPS of $1.18 for Q2 were 10% higher than the prior-year quarter's $1.07 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
For the quarter, gross margin was 39.2%, 40 basis points worse than the prior-year quarter. Operating margin was 16.7%, 160 basis points worse than the prior-year quarter. Net margin was 14.2%, 80 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
Next quarter's average estimate for revenue is $197.2 million. On the bottom line, the average EPS estimate is $1.16.

Next year's average estimate for revenue is $740.4 million. The average EPS estimate is $4.25.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 87 members out of 91 rating the stock outperform, and four members rating it underperform. Among 27 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 26 give Littelfuse a green thumbs-up, and one give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Littelfuse is outperform, with an average price target of $83.67.

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