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CTS Q3 Adj EPS $0.54 Misses $0.56 Estimate, Sales $134.55M Miss $142.07M Estimate

Author: Benzinga Newsdesk | October 26, 2023 08:01am

CTS (NYSE:CTS) reported quarterly adjusted earnings of $0.54 per share which missed the analyst consensus estimate of $0.56 by 3.57 percent. This is a 12.9 percent decrease over earnings of $0.62 per share from the same period last year. The company reported quarterly sales of $134.55 million which missed the analyst consensus estimate of $142.07 million by 5.29 percent. This is a 11.43 percent decrease over sales of $151.91 million the same period last year.

Posted In: CTS

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