Cts Corp. (CTS)
NYSE:CTS
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Earnings Data
Report Date
Jul 28, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.61Last Year’s EPS
0.57Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong execution against the diversification strategy with broad-based revenue growth (notably in medical and industrial), margin expansion (250 bps YoY), improved profitability (adjusted EPS +~41% YoY), solid bookings/backlog (~$1.1B) and active capital returns. Headwinds include A&D booking timing, input-cost inflation (precious metals, resin, transportation), tariff/policy uncertainty, and geopolitical risks that could soften light-vehicle demand in H2. Management highlighted actions to mitigate cost pressures and a narrowed full-year guidance, indicating confidence but caution. Overall, positives (revenue, margin, bookings, cash returns, narrowed guidance) materially outweigh the manageable and outlined risks.Company Guidance
Revenue Growth
Q1 sales of $139 million, up 11% year-over-year and up 1% sequentially; diversified end markets sales up 18% and transportation sales up 3%.
Medical Market Outperformance
Medical sales of $25 million, up 28% YoY; medical bookings up 18% with a medical book-to-bill of 1.2; company expects continued double-digit medical sales growth and expanded capacity for therapeutic and aesthetics applications.
Industrial Momentum
Industrial sales of $37 million, up 14% YoY; industrial bookings up 28% and book-to-bill of 1.29 (vs 1.15 in 2025), driven by OEM and distribution recovery and wins across printing, flow meters, and temperature sensing.
Transportation Stability and Wins
Transportation sales of $60 million, up 3% YoY and 7% sequentially; multiple new business awards including current sensing and foot controls (Europe) and an accelerometer award (North American OEM); strengthening footwell and sensor portfolio.
Gross Margin Expansion
Adjusted gross margin of 39.5%, an improvement of 250 basis points YoY and +40 basis points sequentially, driven by operational improvements and favorable end-market mix.
Profitability Improvement
Adjusted diluted EPS of $0.62 in Q1 versus $0.44 prior year, an increase of ~41%; GAAP diluted EPS $0.59 versus $0.44 (~34% increase).
Strong Bookings and Backlog
Company-wide book-to-bill of 1.1 (up 4% vs 2025) and total booked business of approximately $1.1 billion at quarter end; strong bookings momentum in industrial and medical markets.
Large Defense Opportunity Win
Awarded a significant underwater hull penetrator win with a potential contract value of ~$20 million over five years and multiple naval sonar/filter wins; two new RF filter customers added.
Cash Generation and Capital Returns
Operating cash flow of $17 million YTD; cash balance $91 million; borrowings $63 million; returned $10 million to shareholders (dividends + buybacks) and repurchased ~177,000 shares (~$9 million); $82 million remaining on repurchase authorization.
Narrowed Full-Year Guidance
Full-year 2026 sales guidance narrowed to $560M–$580M and adjusted diluted EPS guidance narrowed to $2.35–$2.45, reflecting confidence in outlook assuming market continuity.
CTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2026 | $54.27 | $54.43 | +0.29% |
Feb 10, 2026 | $55.53 | $57.24 | +3.08% |
Oct 28, 2025 | $42.37 | $40.44 | -4.55% |
Jul 24, 2025 | $40.33 | $41.88 | +3.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cts Corp. (CTS) report earnings?
Cts Corp. (CTS) is schdueled to report earning on Jul 28, 2026, Before Open (Confirmed).
What is Cts Corp. (CTS) earnings time?
Cts Corp. (CTS) earnings time is at Jul 28, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CTS EPS forecast?
CTS EPS forecast for the fiscal quarter 2026 (Q2) is 0.61.