CTS Corp expected to post earnings of 62cents a share - Earnings Preview

CTS

24/10/2022 14:23

* CTS Corp  CTS.N   CTS  is expected to show a rise in
quarterly
revenue when it reports  results on October 26. 
    * The Lisle Illinois-based  company is expected to report  a
22.1% increase in revenue to $149.399 million from $122.38
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 62 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
$41​,
below​ its last closing price of $43.91. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.39        0.39       0.46      Beat    17.9
 ​​Jun.        0.40        0.38       0.52      Beat    35.4
 30 2021                                                
 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
 This summary was machine generated October 24 at 13:23 GMT.  All
figures in US dollars  unless otherwise stated