NYSE$CTS
CTS Corporation · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
CTS experienced stronger sales, earnings, and improved new business wins.
CTS Corporation announced third quarter 2020 results with sales of $113.8 million, a 2% decrease year-over-year, but a 35% increase from the second quarter of 2020. Net earnings were $11.1 million, or $0.34 per diluted share, compared to $2.7 million, or $0.08 last year. Adjusted diluted EPS was $0.34, compared to $0.29 last year. New business wins were $127 million.
- Sales were $113.8 million, down 2% year-over-year.
- Net earnings were $11.1 million or $0.34 per diluted share versus $2.7 million or $0.08 last year.
- Adjusted diluted EPS was $0.34, compared to $0.29 last year.
- New business wins were $127 million.
Headline financials
Revenue & EPS history
CTS · Revenue · Quarterly
$114M
Forward guidance
Due to ongoing market uncertainties, management is not providing revenue or earnings guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.5%
Avg return
Earnings day
+1.4%
Avg return
5 days after
+3.5%
Avg return
30 days after
61%
40 / 66 earnings
Positive
+11.2%
Q1 2016
Best reaction
-17.4%
Q3 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | +4.1% | +17.5% | |
| Q4 2025 | +3.1% | +3.4% | -15.8% | |
| Q3 2025 | -4.4% | -2.2% | +0.3% | |
| Q2 2025 | -2.4% | -2.3% | -2.1% | |
| Q1 2025 | -4.5% | -2.2% | +2.0% | |
| Q4 2024 | -4.5% | -5.7% | -12.2% | |
| Q3 2024 | +4.6% | +5.4% | +11.9% | |
| Q2 2024 | -5.5% | -11.0% | -5.3% | |
| Q1 2024 | +6.0% | +8.7% | +15.7% | |
| Q4 2023 | +2.7% | +10.0% | +8.2% | |
| Q3 2023 | -4.2% | -2.3% | +3.8% | |
| Q2 2023 | +1.0% | +1.0% | +5.5% | |
| Q1 2023 | -6.5% | -3.7% | +9.4% | |
| Q4 2022 | -7.1% | -2.1% | -5.2% | |
| Q3 2022 | -13.5% | -10.2% | -4.5% | |
| Q2 2022 | +1.7% | +7.5% | +15.9% | |
| Q1 2022 | +8.5% | +11.7% | +24.3% | |
| Q4 2021 | +5.0% | +4.0% | +8.1% | |
| Q3 2021 | +11.1% | +14.4% | +12.1% | |
| Q2 2021 | +1.0% | +3.0% | +1.6% | |
| Q1 2021 | +2.4% | +0.2% | +20.4% | |
| Q4 2020 | -2.8% | -2.1% | +0.1% | |
| Q3 2020 | +8.3% | +12.0% | +22.6% | |
| Q2 2020 | -0.2% | +0.9% | +3.4% | |
| Q1 2020 | +1.1% | +8.9% | -4.2% | |
| Q4 2019 | +3.0% | -1.2% | -16.6% | |
| Q3 2019 | -17.4% | -19.5% | -20.4% | |
| Q2 2019 | +5.8% | +6.5% | -7.8% | |
| Q1 2019 | -3.6% | -3.8% | -11.9% | |
| Q4 2018 | +2.7% | +1.8% | +6.2% | |
| Q3 2018 | -0.3% | -2.8% | +4.5% | |
| Q2 2018 | -3.3% | -4.5% | -4.7% | |
| Q1 2018 | +2.8% | +3.5% | +11.2% | |
| Q4 2017 | +0.6% | -2.8% | +0.9% | |
| Q3 2017 | +5.7% | +7.3% | +8.9% | |
| Q2 2017 | +1.6% | +2.1% | +1.4% | |
| Q1 2017 | +3.5% | +0.9% | -2.3% | |
| Q4 2016 | +6.6% | +9.5% | +0.9% | |
| Q3 2016 | +10.6% | +9.4% | +36.8% | |
| Q2 2016 | -1.1% | -1.7% | -1.6% | |
| Q1 2016 | +11.2% | — | — | |
| Q4 2015 | -4.3% | — | — | |
| Q3 2015 | -13.5% | — | — | |
| Q2 2015 | -0.6% | — | — | |
| Q1 2015 | +3.5% | — | — | |
| Q4 2014 | +0.5% | — | — | |
| Q3 2014 | +7.3% | — | — | |
| Q2 2014 | +1.2% | — | — | |
| Q1 2014 | -8.1% | — | — | |
| Q4 2013 | +7.2% | — | — | |
| Q3 2013 | +3.9% | — | — | |
| Q2 2013 | -1.7% | — | — | |
| Q1 2013 | +7.4% | — | — | |
| Q4 2012 | -4.4% | — | — | |
| Q3 2012 | -3.0% | — | — | |
| Q2 2012 | -4.9% | — | — | |
| Q1 2011 | +1.1% | — | — | |
| Q1 2012 | +0.6% | — | — | |
| Q4 2009 | -2.0% | — | — | |
| Q4 2011 | -2.0% | — | — | |
| Q3 2010 | +1.7% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | +3.0% | — | — | |
| Q2 2010 | +3.0% | — | — | |
| Q4 2010 | +3.0% | — | — | |
| Q1 2010 | +4.7% | — | — |
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