CTS: Q1 Earnings Insights - CTS (NYSE:CTS)

CTS 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.

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.

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.