Canada's Celestica Q1 revenue rises on CCS segment growth

Celestica

27/04/2026 21:29

Overview

Canada data center infrastructure firm's Q1 revenue rose 53% yr/yr, beating analyst expectations

Q1 adjusted EPS exceeded analyst expectations

Company raised 2026 annual outlook for revenue and adjusted EPS

Outlook

Celestica raises 2026 annual revenue outlook to $19.0 bln from $17.0 bln

Company lifts 2026 adjusted EPS outlook to $10.15 from $8.75

Celestica sees Q2 2026 revenue between $4.15 bln and $4.45 bln, adjusted EPS $2.14-$2.34

Result Drivers

CCS SEGMENT GROWTH - Co said accelerating growth from its Connectivity & Cloud Solutions segment drove revenue and profitability gains

FAVORABLE PRODUCT MIX - Adjusted EPS exceeded guidance primarily due to a more favorable mix than anticipated

STRONGER CUSTOMER DEMAND - Raised annual outlook attributed to expected stronger customer demand and improved demand visibility

Company press release: ID:nGNX4VbxS5

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$4.05 bln
$3.96 bln (10 Analysts)
Q1 Adjusted EPS
Beat
$2.16
$2.07 (10 Analysts)
Q1 EPS
$1.83
Q1 Adjusted EBIT Margin
8.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the electronic equipment & parts peer group is "buy"

The stock recently traded at 40 times the next 12-month earnings vs. a P/E of 36 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)