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

CTS

30/04/2022 09:49

* CTS Corp  CTS.N  reported quarterly adjusted earnings of
67
cents​​ per share for the quarter ended in March. The mean
expectation of three analysts for the quarter was for earnings
of 53 cents per share.
    * Revenue rose 15% to $147.70 million from a year ago; 
analysts
expected $134.02 million. 
    * CTS Corp's reported EPS for the quarter was 63 cents​.
    * The mean earnings estimate of analysts had risen by
about 8.4%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * CTS Corp shares had fallen by 1.9% this quarter and
lost 5.6% so
far this year.
    * The company reported quarterly net income of $20.24
million.
    * Wall Street's median 12-month price target for CTS Corp is
$39.00 
    * 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 April 30 at 08:49 a.m.  ​All
figures in US dollars unless otherwise stated