(RTTNews) - CTS Corporation (CTS) said it is narrowing 2026 sales guidance to a range of $560-$580 million from a range of $550-$580 million. The company now expects adjusted EPS in a range of $2.35-$2.45, revised from prior outlook of $2.30-$2.45.
First quarter earnings totaled $17.20 million, or $0.59 per share. This compares with $13.36 million, or $0.44 per share, last year. Adjusted EPS was $0.62, compared to $0.44. Revenue rose 10.7% to $139.23 million from $125.76 million last year.
In pre-market trading on NYSE, CTS shares are up 6.79 percent to $58.00.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.