CTS Corp CTS.N reported quarterly adjusted earnings of 44 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 47 cents. The lone analyst forecast for the quarter was for earnings of 49 cents per share.
Revenue rose 0% to $125.77 million from a year ago; analysts expected $128.72 million.
CTS Corp's reported EPS for the quarter was 44 cents.
CTS Corp shares had fallen by 4.0% this quarter and lost 24.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 26.9% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the electronic equipment & parts peer group is also "hold"
Wall Street's median 12-month price target for CTS Corp is $43.00
This summary was machine generated from LSEG data April 30 at 01:32 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2025 | 0.49 | 0.44 | Missed |
Dec. 31 2024 | 0.54 | 0.53 | Missed |
Sep. 30 2024 | 0.54 | 0.63 | Beat |
Jun. 30 2024 | 0.53 | 0.54 | Beat |