CTS Corp expected to post earnings of 39  cents a share - Earnings Preview

CTS

27/04/2021 13:24

* CTS Corp  CTS.N   CTS  is expected to show a rise in quarterly
revenue when it reports results on April 29.
* The Lisle, Illinois-based company is expected to report  a
17.3% increase in revenue to $120.918 million from $103.08
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 39 cents per share. For the same quarter last year,
the company reported earnings of 19 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 risen by about 2.0%
in the last three months.​
* Wall Street's median 12-month price target for CTS Corp is
$35​, about 10% above​ its last closing price of $31.50. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.14        0.14       0.19      Beat    35.7
 Dec.          0.35​       0.35       0.37      Beat    4.7​
 31​ 2019​                                              
 Sep. 30 2019  0.39        0.39       0.29      Missed  -24.9​
 Jun. 30 2019  0.34        0.38       0.40      Beat    6
 Mar. 31 2019  0.37        0.37       0.39      Beat    5.4
 This summary was machine generated April 27 at 12:24 GMT.  All
figures in US dollars unless otherwise stated