CTS Forecasts Q4 Revenue of $135.9M, 6.6% Growth and $0.60 EPS
Analysts forecast CTS’s Q4 revenue at $135.9M, up 6.6% year-on-year, with adjusted EPS of $0.60, following a quarter that delivered $143M in sales—8% growth and a 4.8% revenue beat despite an EPS miss. CTS shares have climbed 20.2% over the past month versus a 2.2% drop among electronic components peers.
1. Q4 Outlook and Analyst Estimates
For the quarter ending December, analysts expect CTS to report revenue of $135.9 million, reflecting 6.6% year-on-year growth, and adjusted earnings of $0.60 per share. These projections compare to the 2.2% revenue increase recorded in the same period last year.
2. Prior Quarter Performance
In its most recent quarter, CTS generated $143 million in sales, an 8% increase year-on-year, and exceeded revenue estimates by 4.8%, although it fell short of EPS forecasts. The mixed results highlight the company’s ability to drive top-line growth while managing margin pressures.
3. Peer Comparisons
Among electronic components peers that have reported, Coherent delivered 17.5% year-on-year revenue growth with a 2.9% beat, and Knowles saw 13.8% growth with a 3.8% beat. Coherent’s shares were flat post-release, while Knowles gained 9.1%.
4. Share Performance and Forward Risks
CTS shares have surged 20.2% over the past month, outpacing a 2.2% sector decline, on optimism ahead of earnings. However, potential trade policy shifts and corporate tax discussions could cloud business confidence and growth in 2025.