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

CTS

08/02/2022 14:39

* CTS Corp  CTS.N  reported quarterly adjusted earnings of
49
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for earnings
of 47 cents per share.
    * Revenue rose 7.7% to $132.53 million from a year ago; 
analysts
expected $122.97 million. 
    * CTS Corp's reported EPS for the quarter was 28 cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * CTS Corp shares had fallen by 12.6% this quarter.
    * The company reported quarterly net income of $9.17
million.
    * Wall Street's median 12-month price target for CTS Corp is
$40.00 
    * 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." 

This summary was machine generated February 8 at 02:39 p.m.
 ​All figures in US dollars unless otherwise stated