CTS Guides FY25 Below Estimates - Update

RTTNews | 203 days ago
CTS Guides FY25 Below Estimates - Update

(RTTNews) - While reporting financial results for the fourth quarter on Tuesday, CTS Corp. (CTS) initiated its adjusted earnings and sales guidance for the full-year 2025.

For fiscal 2025, the company now projects adjusted earnings in a range of $2.20 to $2.35 per share on sales between $520 million and $550 million.

On average, analysts polled expect the company to report earnings of $2.37 per share on sales of $551.56 million for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
CTS Cuts FY24 Outlook As Q2 Results Miss Estimates

CTS Cuts FY24 Outlook As Q2 Results Miss Estimates

CTS Corp. (CTS) reported Tuesday that net income for the second quarter increased to $15.71 million or $0.48 per share from $12.90 million or $0.41 per share in the prior-year quarter. Excluding items, adjusted earnings were $0.54 per share, compared to $0.59 per share in the year-ago quarter.
RTTNews | 392 days ago
CTS Q4 Results Top Estimates; Guides FY24 In Line With Estimates

CTS Q4 Results Top Estimates; Guides FY24 In Line With Estimates

CTS Corp. (CTS) reported Tuesday that net earnings for the fourth quarter increased to $15.32 million or $0.49 per share from $14.94 million or $0.47 per share in the prior-year quarter. Excluding items, adjusted earnings were $0.47 per share, compared to $0.56 per share in the year-ago quarter.
RTTNews | 567 days ago
CTS Q1 Results Top Estimates; Maintains FY23 Outlook

CTS Q1 Results Top Estimates; Maintains FY23 Outlook

CTS Corp. (CTS) reported Thursday that net earnings for the first quarter decreased to $18.34 million or $0.58 per share from $20.24 million or $0.63 per share in the prior-year quarter. Excluding items, adjusted earnings were $0.61 per share, compared to $0.67 per share in the year-ago quarter.
RTTNews | 852 days ago
U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.
RTTNews | 3h 54min ago
U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.
RTTNews | 4h 5min ago