CTS Corp expected to post earnings of 61  cents a share - Earnings Preview

CTS

22/07/2022 14:23

* CTS Corp  CTS.N   CTS  is expected to show a rise in
quarterly
revenue when it reports  results on July 26. 
    * The Lisle Illinois-based  company is expected to report  a
10.2% increase in revenue to $142.753 million from $129.59
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 61 cents per share. For the same quarter last year, the
company reported earnings of 52 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for CTS Corp is
$39​,
above​ its last closing price of $37.60. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.52        0.53       0.67      Beat    27.1
 Dec. 31 2022  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.        0.37        0.37       0.46      Beat    23.5
 31 2021                                                
 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
 This summary was machine generated July 22 at 13:23 GMT.  All
figures in US dollars  unless otherwise stated