CTS Corp. Q3 Adj. EPS Tops View - Quick Facts

(RTTNews) - Electronic components and sensors maker, CTS Corp. (CTS) , on Monday reported third quarter net income of $6.8 million or $0.20 per share, compared to $5.9 million or $0.17 per share in the comparable quarter last year.

Adjusted earnings for the quarter were $0.24 per share, compared with $0.20 per share in the prior year quarter. On average, two analysts polled by Thomson Reuters expected the company to earn $0.23 per share for the quarter. Analysts' estimates typically exclude special items.

Net sales to external customers for the latest third quarter were $159.56 million, up 16.2% from $137.36 million a year ago.