Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 4.420-4.420 for the period, compared to the consensus estimate of 4.070. The company issued revenue guidance of $10.4 billion-$10.4 billion, compared to the consensus revenue estimate of $10.4 billion. Celestica also updated its FY 2024 guidance to 3.850-3.850 EPS.
Celestica Stock Up 2.6 %
Shares of CLS traded up $1.46 during midday trading on Wednesday, reaching $57.46. The stock had a trading volume of 3,462,220 shares, compared to its average volume of 2,238,517. The company has a market cap of $6.83 billion, a price-to-earnings ratio of 20.89 and a beta of 2.28. The company’s fifty day simple moving average is $51.78 and its two-hundred day simple moving average is $51.99. Celestica has a 1-year low of $20.87 and a 1-year high of $64.56. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.86.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its quarterly earnings results on Wednesday, July 24th. The technology company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.81 by $0.10. Celestica had a return on equity of 19.96% and a net margin of 4.16%. The company had revenue of $2.39 billion for the quarter, compared to analysts’ expectations of $2.25 billion. During the same period last year, the firm earned $0.55 earnings per share. Celestica’s quarterly revenue was up 23.3% on a year-over-year basis. Equities research analysts expect that Celestica will post 3.22 earnings per share for the current year.
Analyst Upgrades and Downgrades
Check Out Our Latest Analysis on CLS
Celestica Company Profile
Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.
Featured Articles
- Five stocks we like better than Celestica
- What Investors Need to Know to Beat the Market
- Chinese Stocks Cool Off: Time to Buy the Dip in These 2 Stocks?
- Market Cap Calculator: How to Calculate Market Cap
- Goldman Sachs Highlights 3 Top Short Squeeze Stocks to Watch
- What Are Dividends? Buy the Best Dividend Stocks
- Walmart is Up 56% YTD, Is it Still a Top Consumer Staples Stock?
Receive News & Ratings for Celestica Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Celestica and related companies with MarketBeat.com's FREE daily email newsletter.