CTS Guides FY25 Below Estimates - Update
RTTNews
|
10h 22min ago
(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 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
|
189 days ago
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
|
364 days ago
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
|
649 days ago
CTS Q4 Results Miss Estimates, But Boosts FY23 Outlook
While reporting financial results for the fourth quarter on Tuesday, CTS Corp. (CTS) raised its adjusted earnings and sales guidance for the full year 2023.
RTTNews
|
728 days ago
CTS Boosts FY22 Outlook As Q2 EPS Tops Estimates
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.
RTTNews
|
924 days ago
U.S. Dollar Lower As Tariff Worries Ease
The U.S. dollar weakened against its major counterparts in the New York session on Tuesday, as President Donald Trump paused trade tariffs on Mexico and Canada for a month.
RTTNews
|
5h 8min ago
Swiss Market Settles Moderately Lower
Save for a very brief while at the start, the Switzerland market languished in negative territory on Tuesday with investors largely staying cautious and making stock specific moves.
RTTNews
|
5h 45min ago
European Stocks Close Higher As Trump Delays Tariffs On Canada, Mexico
As worries about U.S. tariffs eased following U.S. President Donald Trump's decision to delay levies on Canada and Mexico, investors shifted their focus on quarterly earnings, and most of the markets across Europe had a positive session on Tuesday.
Trump's decision to hold off tariff imposition on Canada and Mexico has raised some hopes that the U.K. and the EU will likely avoid duties.
RTTNews
|
5h 59min ago