Celestica Inc reports results for the quarter ended in December - Earnings Summary

Celestica

29/01/2024 23:15

* Celestica Inc  CLS.TO  reported quarterly adjusted
earnings of
76 cents​​ per share for the quarter ended in December, higher
than the same quarter last year, when the company reported EPS
of 56 cents.  The mean expectation of six analysts for the
quarter was for earnings of 68 cents per share. Wall Street
expected results to range from 67 cents to 68 cents per share.
    * Revenue rose 4.8% to $2.14 billion from a year ago;
analysts
expected $2.08 billion. 
    * Celestica Inc's reported EPS for the quarter was 70
cents​.
    * The company reported quarterly net income of $84.2
million.
    * Celestica Inc shares had risen by 10.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the electronic
equipment & parts peer group is also "buy"

Wall Street's median 12-month price target for Celestica Inc is
$32.25 
This summary was machine generated from LSEG data January 29 at
11:14 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.68           0.76           Beat
 Sep. 30 2023      0.60           0.65           Beat
 Jun. 30 2023      0.48           0.55           Beat
 Mar. 31 2023      0.46           0.47           Beat