CTS Announces First Quarter 2019 Results

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CTS Corp. (CTS) Tops Q1 EPS by 2c, Revenues Beat; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Outook Below Consensus

April 25, 2019 8:09 AM EDT

CTS Corp. (NYSE: CTS) reported Q1 EPS of $0.39, $0.02 better than the analyst estimate of $0.37. Revenue for the quarter came in at $117.6 million versus the consensus estimate of $115.9 million.

Sales were $117.6 million, up 3.6% year-over-year. Sales to the transportation end market increased 6.1%, and sales to... More