CTS Corp expected to post earnings of 58cents a share - Earnings Preview

CTS

03/02/2023 13:02

* CTS Corp  CTS.N   CTS  is expected to show a rise in
quarterly
revenue when it reports  results on February 7. 
    * The Lisle Illinois-based  company is expected to report  a
11.8% increase in revenue to $148.166 million from $132.53
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 58 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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
$44.5​, below​ its last closing price of $46.98. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.62        0.62       0.62      Met     -0.5
 Jun. 30 2022  0.61        0.61       0.62      Beat    1.1
 Mar. 31 2022  0.52        0.53       0.67      Beat    27.1​
 Dec. 31 2021  0.48        0.47       0.49      Beat    3.5
 ​​Sep.        0.39        0.39       0.46      Beat    17.9
 30 2021                                                
 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
 This summary was machine generated February 3 at 13:02 GMT.  All
figures in US dollars  unless otherwise stated