CTS Corporation (CTS) said it is narrowing 2026 sales guidance to a range of $560-$580 million from a range of $550-$580 million. The company now expects adjusted EPS in a range of $2.35-$2.45, revised from prior outlook of $2.30-$2.45.
First quarter earnings totaled $17.20 million, or $0.59 per share. This compares with $13.36 million, or $0.44 per share, last year. Adjusted EPS was $0.62, compared to $0.44. Revenue rose 10.7% to $139.23 million from $125.76 million last year.
In pre-market trading on NYSE, CTS shares are up 6.79 percent to $58.00.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.