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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.
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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.
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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.
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CTS Q1 Results Top Estimates; Maintains FY23 Outlook
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CTS Q4 Results Miss Estimates, But Boosts FY23 Outlook
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While reporting financial results for the second quarter on Tuesday, CTS Corp. (CTS) raised its adjusted earnings and sales guidance for the full year 2022.
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KOSPI May Run Out Of Steam On Tuesday
The South Korea stock market has tracked higher in three straight sessions, collecting almost 80 points or 2.6 percent along the way. The KOSPI now sits just shy of the 3,210-point plateau although it's due for consolidation on Tuesday.
The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.
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The Reserve Bank of Australia will on Tuesday release the minutes from its August 12 monetary policy meeting, highlighting a modest day for Asia-Pacific economic activity.
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U.S. Dollar Climbs Against Majors
The U.S. dollar strengthened against its major counterparts in the New York session on Monday.
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2 ชม. 28 นาทีที่ผ่านมา
