Electronics manufacturer CTS beats Q3 sales estimates, narrows full-year guidance

CTS

28/10/2025 12:08

Overview

CTS Q3 sales rose 8% yr/yr to $143 mln, beating analyst expectations

Adjusted EPS for Q3 was $0.60, missing analyst expectations

Net income impacted by $4.2 mln charge related to EPA claim

Outlook

CTS narrows 2025 sales guidance to $535-$545 mln

Company expects 2025 adjusted diluted EPS between $2.20-$2.25

CTS emphasizes diversification for future growth and margin expansion

Result Drivers

DIVERSIFIED END MARKETS - Sales to diversified end markets increased 22%, driving overall growth

TRANSPORTATION MARKET DECLINE - Sales to transportation end market decreased 7%

EPA CHARGE IMPACT - Net income affected by $4.2 mln charge related to EPA claim

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$143 mln
$136.39 mln (1 Analyst)
Q3 Adjusted EPS
Miss
$0.60
$0.61 (1 Analyst)
Q3 Net Income
$14 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

The average consensus recommendation for the electronic equipment & parts peer group is "buy."

Wall Street's median 12-month price target for CTS Corp is $43.00, about 1.3% above its October 27 closing price of $42.44

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 18 three months ago

Press Release: ID:nGNX5kw90s

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)