CTS Corp. (CTS) Reports In-Line Q2 EPS; Reaffirms
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CTS Corp. (NYSE: CTS) reported Q2 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $105.7 million versus the consensus estimate of $103.63 million.
Management reaffirms its prior guidance. Full year 2017 sales are expected to be in the range of $405 to $420 million, as management continues to monitor market conditions. Adjusted earnings per diluted share for 2017 are expected to be in the range of $1.12 to $1.22.
For earnings history and earnings-related data on CTS Corp. (CTS) click here.
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