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Stephens Reiterates Equal Weight Rating on CTS Corp (CTS) Following 1Q Beat

Go back to Stephens Reiterates Equal Weight Rating on CTS Corp (CTS) Following 1Q Beat

CTS Corp. (CTS) Tops Q1 EPS by 5c, Revenues Beat

April 23, 2020 8:04 AM EDT

CTS Corp. (NYSE: CTS) reported Q1 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $103.1 million versus the consensus estimate of $94.17 million.

Sales were $103.1 million, down 12.4% year-over-year. Sales to transportation customers declined 22.0%, and sales to other end markets grew 7.1%. The QTI... More