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CTS Q2 Adj $0.54 Beats $0.53 Estimate, Sales $130.16M Miss $133.38M Estimate

Benzinga ·  08:03

CTS (NYSE:CTS) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.53 by 1.89 percent. This is a 8.47 percent decrease over earnings of $0.59 per share from the same period last year. The company reported quarterly sales of $130.16 million which missed the analyst consensus estimate of $133.38 million by 2.41 percent. This is a 10.35 percent decrease over sales of $145.18 million the same period last year.

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