CTS Cuts FY23 Adj EPS Outlook From $2.40 – $2.70 To $2.20 – $2.40 Vs. $2.39 Est.
Portfolio Pulse from Benzinga Newsdesk
CTS Corporation has reduced its FY23 adjusted EPS outlook from $2.40 - $2.70 to $2.20 - $2.40, which is below the estimated $2.39.
July 25, 2023 | 12:04 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
CTS Corporation has revised its FY23 adjusted EPS outlook downwards, which is now below the market estimate.
CTS Corporation's downward revision of its FY23 adjusted EPS outlook, which is now below the market estimate, could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100