CTS Corp expected to post earnings of 38 cents a share - Earnings Preview

CTS

23/07/2021 16:11

* CTS Corp  CTS.N   CTS  is expected to show a rise in quarterly
revenue when it reports results on July 27. 
* The Lisle, Illinois-based company is expected to report   a
45.4% increase in revenue to $122.417 million from $84.2 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for CTS Corp is for
earnings of 38 cents per share. For the same quarter last year,
the company reported earnings of 16 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts had fallen by
about 3.5% in the last three months. ​
* Wall Street's median 12-month price target for CTS Corp is
$38​, about 12% above​ its last closing price of $33.44. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.37        0.37       0.46      Beat    23.5
 Dec. 31 2020  0.35        0.34       0.43      Beat    26.3
 Sep. 30 2020  0.24        0.24       0.34      Beat    40.5​
 Jun. 30 2020  0.07        0.07       0.16      Beat    140
 Mar.          0.14​       0.14       0.19      Beat    35.7​
 31​ 2020​                                              
 Dec. 31 2019  0.35        0.35       0.37      Beat    4.7​
 Sep. 30 2019  0.39        0.39       0.29      Missed  -24.9
 Jun. 30 2019  0.34        0.38       0.40      Beat    6
 This summary was machine generated July 23 at 15:11 GMT.  All
figures in US dollars unless otherwise stated