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

CTS

25/10/2021 15:20

* CTS Corp  CTS.N   CTS  is expected to show a rise in quarterly
revenue when it reports results on October 27. 
* The Lisle, Illinois-based company is expected to report  a
3.4% increase in revenue to $117.697 million from $113.78
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 34 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for CTS Corp is
$35​, about 7.7% above​ its last closing price of $32.29. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.40        0.38       0.52      Beat    35.4
 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.          0.07​       0.07       0.16      Beat    140​
 30​ 2020​                                              
 Mar. 31 2020  0.14        0.14       0.19      Beat    35.7​
 Dec. 31 2019  0.35        0.35       0.37      Beat    4.7
 Sep. 30 2019  0.39        0.39       0.29      Missed  -24.9
 This summary was machine generated October 25 at 14:20 GMT.  All
figures in US dollars unless otherwise stated