CTS: Q3 Earnings Insights

CTS 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.

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.

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 2020
EPS Estimate	0.38	0.37	0.34	0.19
EPS Actual	0.52	0.46	0.43	0.34
Revenue Estimate	121.86M	119.20M	117.02M	94.24M
Revenue Actual	129.59M	128.43M	123.02M	113.78M

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