Skip to content

CTS Corporation CTS Q3 2024 earnings

Reported October 29, 2024 · Before market open

Revenue$132.4MMiss by $5.8M
EPS$0.63Beat by $0.06
Revenue estimate$138.3M
EPS estimate$0.57

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$148.7M
EPS estimate$0.65

Financials

Q3 2024

Income statement

See full
Revenue$132.4M-1.6%
Gross profit$49.8M+7.3%
Operating income$21.5M+18.1%
Net income$18.7M+33.7%
EPS (diluted)$0.61+38.6%

Balance sheet

See full
Cash & equivalents$94.9M-40.7%
Total debt$26.6M-12.6%
Total equity$530.8M+1.6%
Total assets$789.4M+4.7%

Cash flow

See full
Operating cash flow$35.4M+59.9%
CapEx$3.9M+40.8%
Free cash flow$31.5M+62.6%

Valuation & ratios

Valuation

as of 09/30/24
See full
Market cap$1.47B+12.2%
Enterprise value$1.4B+18.8%
P/E24.6×+2.8×
P/S2.9×+0.6×

Profitability

See full
Gross margin35.7%+0.6pp
Operating margin13.7%-0.5pp
Net margin11.7%+1.1pp
FCF margin17.4%+5.8pp

Returns & leverage

See full
Return on equity11.4%-0.5pp
Debt / equity0.1×0.0×
Current ratio2.5×-0.8×

Segments

By geography

See full
Other Non United States$3.3M-15.5%

Versus estimates

Ask the moment CTS Corporation reports.

Connect your AI and ask the moment the filing drops. It reads the release, surfaces what management said, and gives you its own read.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

When did CTS Corporation report Q3 2024 earnings?
CTS Corporation (CTS) reported Q3 2024 earnings on October 29, 2024 before market open.
What were CTS Corporation's Q3 2024 revenue and EPS?
CTS Corporation reported revenue of $132.4M and eps of $0.63 for Q3 2024.
Did CTS Corporation beat estimates in Q3 2024?
Revenue missed the consensus estimate of $138.3M by $5.8M. EPS beat the consensus estimate of $0.57 by $0.06.
Where can I find CTS Corporation's Q3 2024 SEC filings?
You can read the 10-Q periodic report (0000950170-24-118192) directly on SEC EDGAR. The filing index links above go to sec.gov.