CTS Corp reports results for the quarter ended December 31 - Earnings Summary

CTS

04/02/2025 14:32

* CTS Corp  CTS.N  reported quarterly adjusted earnings of
53
cents​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of 47
cents.  The lone analyst forecast for the quarter was
for earnings of 54 cents per share. 
    * Revenue rose 2.2% to $127.44 million from a year ago;
analysts
expected $132.80 million. 
    * CTS Corp's reported EPS for the quarter was 45 cents​.
    * The company reported quarterly net income of $13.61
million.
    * CTS Corp shares had fallen by 6.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "hold"

Wall Street's median 12-month price target for CTS Corp is
$49.00 
This summary was machine generated from LSEG data February 4 at
02:31 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.54           0.53           Missed
 Sep. 30 2024      0.54           0.63           Beat
 Jun. 30 2024      0.53           0.54           Beat
 Mar. 31 2024      0.43           0.47           Beat