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

CTS

27/07/2021 14:42

* CTS Corp  CTS.N  reported quarterly adjusted earnings of 52
cents​​ per share for the quarter ended in June. The mean
expectation of three analysts for the quarter was for earnings
of 38 cents per share.
* Revenue rose 53.9% to $129.59 million from a year ago; 
analysts expected $122.42 million. 
* CTS Corp's reported EPS for the quarter was 3 cents​.
* The mean earnings estimate of analysts had risen by about 7.6%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* CTS Corp shares had fallen by 8.6% this quarter and lost 1.1%
so far this year.
* The company reported quarterly net income of $875 thousand.
* Wall Street's median 12-month price target for CTS Corp is
$38.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
This summary was machine generated July 27 at 01:42 p.m.  ​All
figures in US dollars unless otherwise stated