CTS Corporation (NYSE:CTS) will hold its 3Q20 earnings conference call with the financial community on 29th October 2020 at 10:00 AM Eastern Time.
The conference call will be webcast live on Internet at www.ctscorp.com
Earnings Expectation
CTS Corporation is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020. Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.24 per share from revenue of $ 104.06 million. Looking ahead, the full year income are expected at $ 0.87 per share on the revenues of $ 402.51 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 450.00 million ~ $ 480.00 million, where as bottomline are predicted in a range of $ 1.35 ~ $ 1.60 per share
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CTS Corporation designs, manufactures, and sells a range of sensors, electronic components, and actuators primarily to original equipment manufacturers for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. It offers sensors and actuators for use in passenger or consumer vehicles; electronic components for use in telecommunications infrastructure, information technology and other high-speed applications, switches, and potentiometers supplied to various markets; and fabricated piezoelectric materials and substrates used primarily in medical, industrial, aerospace and defense, and information technology markets. The company sells and markets its products through its sales engineers, independent manufacturers representatives, and distributors in the United States, Singapore, Taiwan, China, the Czech Republic, and internationally.