CTS (NYSE:CTS) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:45 AM.
Here's what investors need to know about the announcement.
Earnings
CTS beat estimated earnings by 26.42%, reporting an EPS of $0.67 versus an estimate of $0.53.
Revenue was up $19.27 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 3.31% increase in the share price the next day.
Here's a look at CTS's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.47 | 0.36 | 0.38 | 0.37 |
| EPS Actual | 0.49 | 0.46 | 0.52 | 0.46 |
| Revenue Estimate | 122.96M | 116.91M | 121.86M | 119.20M |
| Revenue Actual | 132.53M | 122.38M | 129.59M | 128.43M |
To track all earnings releases for CTS visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
