CTS Corp Q2 revenue rises on transportation sales; lifts 2026 outlook
CTS•Key reported figures
| Metric | Beat/Miss | Actual | Consensus Estimate |
| Q2 Sales | Slight Beat* | $144.80 mln | $143.43 mln (1 Analyst) |
| Q2 Adjusted EPS | Beat | $0.74 | $0.61 (1 Analyst) |
| Q2 Net Income | $19.20 mln |
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Q2 revenue and earnings rise
- US sensor and electronic component maker's Q2 sales rose 7% yr/yr, led by diversified markets
- Adjusted EPS for Q2 rose to $0.74 from $0.57 a year ago
- Company raised 2026 sales and adjusted EPS guidance
Analyst coverage and valuation
- Wall Street's median 12-month price target for CTS Corp is $58.00, about 4% below its July 27 closing price of $60.41
- The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 19 three months ago
2026 outlook and segment drivers
- CTS raises 2026 sales guidance to $565-$585 mln from $560-$580 mln
- Company lifts 2026 adjusted diluted EPS forecast to $2.55-$2.70 from $2.35-$2.45
