AI brief of an SEC Form 8-K · CTS (CTS)
CTS Raises 2026 Outlook as Third-Quarter Sales Rise 5% and Diluted EPS Reaches $0.61
CTS reported third-quarter 2026 sales of $149.6 million, up 5% from a year earlier, and diluted EPS of $0.61 versus $0.46. It raised its 2026 guidance, lifting the sales range to $580-$590 million from $565-$585 million and the adjusted diluted EPS range to $2.78-$2.88 from $2.55-$2.70. Reported third-quarter results include a $12.5 million insurance recovery that the company excludes from its adjusted figures.
Key points
- Q3 2026 sales were $149.6 million, up 5%; diluted EPS was $0.61 versus $0.46, and adjusted diluted EPS was $0.77 versus $0.60.
- 2026 sales guidance raised to $580-$590 million from $565-$585 million.
- 2026 adjusted diluted EPS guidance raised to $2.78-$2.88 from $2.55-$2.70.
- Q3 2026 results include a $12.5 million insurance recovery, which the company excludes from adjusted EBITDA and adjusted EPS.
The filing
CompanyCTS (CTS)
Form8-K, current report
Filed with the SECOct 27, 2026, 8:00 AM ET
Accession number0001193125-26-432724
Written by AI on Nov 7, 2026, 11:17 PM ET, from this filing only.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.