Mark your calendars for Tuesday 29th October 2024, as CTS Corporation (NYSE: CTS) is set to unveil its third quarter financial results. This highly anticipated announcement will be made before market open, giving investors and market participants a chance to assess the company's financial performance.
According to the forecasts of financial experts on Wall Street, the firm is poised to announce an anticipated per share $0.57 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $132.48 million for this specific period.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.54. Moreover, the company generated a total revenue of $134.55 million during that specific quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $526.6 million. Moreover, they anticipate the company to disclose profit of $2.21 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.54 | -8.5% | 130.16 M | -10.3% |
| Q1 2024 | $0.47 | -23.0% | 125.75 M | -13.9% |
| Q4 2023 | $0.47 | -16.1% | 124.69 M | -12.4% |
| Q3 2023 | $0.54 | -12.9% | 134.55 M | -11.4% |
| Q2 2023 | $0.59 | -4.8% | 145.18 M | +0.1% |
| *Growth on year-over-year basis | ||||
CTS will host a conference call with investment community on 29th October 2024 at 10:00 AM eastern time to discuss the financial results.
CTS Corporation (CTS) closed Friday's regular trading session at $47.75, marking a 0.70 percent increase. The stock fluctuated between $47.61 and $48.20 during the day, with a volume of 99.70 thousand shares.
