CTS Corp Q4 sales rise 9% driven by diversification

Reuters
02/10
<a href="https://laohu8.com/S/CTS">CTS Corp</a> Q4 sales rise 9% driven by diversification

Overview

  • Electronic components maker's Q4 sales rose 9% yr/yr, driven by diversified end markets

  • Adjusted EPS for Q4 increased to $0.62, up from $0.50 in 2024

  • Company expects 2026 sales of $550-$580 mln and adjusted EPS of $2.30-$2.45

Outlook

  • CTS expects full-year 2026 sales between $550 mln and $580 mln

  • CTS anticipates 2026 adjusted diluted EPS between $2.30 and $2.45

Result Drivers

  • DIVERSIFIED END MARKETS - Sales to diversified end markets rose 16%, now representing 57% of revenue, supporting strategic priorities

  • MARGIN EXPANSION - CTS achieved margin expansion driven by strategic execution and diversification efforts

  • NEW BUSINESS AWARDS - Expanded product offerings in transportation market and secured new business awards

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Sales

Slight Beat*

$137 mln

$135.86 mln (1 Analyst)

Q4 Adjusted EPS

Beat

$0.62

$0.60 (1 Analyst)

Q4 Net Income

$20 mln

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • Wall Street's median 12-month price target for CTS Corp is $52.00, about 6.4% below its February 9 closing price of $55.58

  • The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 20 three months ago

Press Release: ID:nGNX4Ykl44

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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