CTS Corporation (CTS) - NYSE
  • Apr. 24, 2012, 5:21 PM
    CTS (CTS): Q1 EPS of $0.07 may not be comparable to consensus of $0.17. Revenue of $147M (-3% Y/Y) misses by $12M. (PR)
    | Apr. 24, 2012, 5:21 PM
  • Apr. 13, 2012, 9:23 AM

    Electronics contract manufacturer CTS is down 12.9% premarket after warning it expects Q1 EPS of $0.05-$0.07, below a Street estimate of $0.16. The company, which just restarted manufacturing at a Thai facility crippled by flooding, blames lagging insurance reimbursements, customer returns, and a slow start to Q1. CTS is reiterating its 2012 EPS guidance of $0.75-$0.80 ($0.78 consensus). Some of CTS' peers: JBL, FLEX, SANM, CLS, PLXS, NTE.

    | Apr. 13, 2012, 9:23 AM
Company Description
CTS Corporation is a designer and manufacturer of electronic components, actuators and sensors and a provider of services to OEMs in the automotive, communications, medical, defense and aerospace, industrial and computer markets. CTS manufactures products in North America, Europe and Asia. CTS... More
Sector: Technology
Industry: Diversified Electronics
Country: United States