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

CTS

26/07/2024 15:48

* CTS Corp  CTS.N   CTS  is expected to show a fall in
quarterly
revenue when it reports  results on July 30 for the period
ending June 30 2024
    * The Lisle Illinois-based  company is expected to report a
8.1% decrease in revenue to $133.377 million from $145.18
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for CTS Corp is for earnings
of 53
cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 2
"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
$48.00​, below​ its last closing price of $51.92. ​​​

This summary was machine generated July 26 at 14:48 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)