Benzinga | Oct 27, 2021 08:01AM EDT

CTS: Q3 Earnings Insights



CTS (NYSE:CTS) reported its Q3 earnings results on Wednesday, October 27, 2021 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

CTS beat their estimated earnings by 27.78%, reporting an EPS of $0.46 versus an estimate of $0.36, which surprised analysts.

Revenue was up $8,605,000 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14, which was followed by a 2.42% increase in the share price the next day.

Here's a look at CTS's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.38 0.37 0.34 0.19EPS Actual 0.52 0.46 0.43 0.34Revenue Estimate 121.86M 119.20M 117.02M 94.24MRevenue Actual 129.59M 128.43M 123.02M 113.78M

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