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

CTS

29/04/2021 17:29

* CTS Corp  CTS.N  reported quarterly adjusted earnings of
46 cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 37 cents per share.
* Revenue rose 24.6% to $128.43 million from a year ago​; 
analysts expected $119.20 million.
* CTS Corp's reported EPS for the quarter was 37 cents​.
* The mean earnings estimate of analysts had risen by
about 24.8% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* CTS Corp shares had risen by 2.3% this quarter and lost 7.5%
so far this year.
* The company reported quarterly net income of $11.99 million.
* Wall Street's median 12-month price target for CTS Corp is
$35.00 
* 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 April 29 at 04:29 p.m. GMT.
​All figures in US Dollars.​