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CTS Corp Q1 adjusted earnings Beat Estimates


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(RTTNews.com) - CTS Corp ( CTS ) reported a profit for its first quarter that climbed from last year.

The company's earnings totaled $11.55 million, or $0.34 per share. This compares with $8.48 million, or $0.25 per share, in last year's first quarter.

Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.4% to $113.53 million from $100.15 million last year.

CTS Corp earnings at a glance:


-Earnings (Q1): . vs. . last year.
-EPS (Q1): $0.34 vs. $0.26 last year.
-Analysts Estimate: $0.30
-Revenue (Q1): $113.53 Mln vs. $100.15 Mln last year.

<b>-Guidance</b>:

Full year EPS guidance: $1.32 to $1.44
Full year revenue guidance: $435 to $455 Mln

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This article appears in: Fundamental Analysis , World Markets , Stocks , Earnings
Referenced Symbols: CTS ,


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