CTS Corp expected to post earnings of 53  cents a share - Earnings Preview

CTS

26/04/2022 15:47

* CTS Corp  CTS.N   CTS  is expected to show a rise in
quarterly
revenue when it reports  results on April 28. 
    * The Lisle Illinois-based  company is expected to report  a
4.4% increase in revenue to $134.024 million from $128.43
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 53 cents per share. For the same quarter last year, the
company reported earnings of 46 cents per share.
    * The current average analyst rating on the shares is "buy"
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 2.1%
in the last three months. ​
    * Wall Street's median 12-month price target for CTS Corp is
$39​,
above​ its last closing price of $34.39. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.48        0.47       0.49      Beat    3.5
 Sep. 30 2021  0.39        0.39       0.46      Beat    17.9
 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.        0.35        0.34       0.43      Beat    26.3
 31 2020                                                
 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
 This summary was machine generated April 26 at 14:47 GMT.  All
figures in US dollars  unless otherwise stated