CTS: Q3 Earnings Insights
CTS (NYSE:CTS) reported its Q3 earnings results on Wednesday, October 27, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
CTS beat their estimated earnings by 27.78%, reporting an EPS of $0.46 versus an estimate of $0.36, which surprised analysts.
Revenue was up $8,605,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14, which was followed by a 2.42% increase in the share price the next day.
Here's a look at CTS's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.38 | 0.37 | 0.34 | 0.19 |
| EPS Actual | 0.52 | 0.46 | 0.43 | 0.34 |
| Revenue Estimate | 121.86M | 119.20M | 117.02M | 94.24M |
| Revenue Actual | 129.59M | 128.43M | 123.02M | 113.78M |
To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.
Posted-In: BZI-RecapsEarnings News
