Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) updated its FY 2024 earnings guidance on Wednesday. The company provided earnings per share guidance of 3.850-3.850 for the period, compared to the consensus earnings per share estimate of 3.650. The company issued revenue guidance of $9.6 billion-$9.6 billion, compared to the consensus revenue estimate of $9.5 billion. Celestica also updated its FY 2025 guidance to 4.420-4.420 EPS.
Celestica Stock Up 17.5 %
Shares of CLS traded up $10.03 during mid-day trading on Thursday, reaching $67.50. The company’s stock had a trading volume of 6,438,095 shares, compared to its average volume of 2,259,531. 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 has a 12-month low of $20.87 and a 12-month high of $68.44. The company’s 50 day moving average is $51.89 and its 200 day moving average is $52.02. The stock has a market cap of $8.02 billion, a PE ratio of 24.89 and a beta of 2.28.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last issued its earnings results on Wednesday, October 23rd. The technology company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.11. Celestica had a net margin of 4.16% and a return on equity of 19.96%. The business had revenue of $2.50 billion during the quarter, compared to analysts’ expectations of $2.41 billion. During the same quarter in the prior year, the business posted $0.65 EPS. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. Equities analysts anticipate that Celestica will post 3.22 EPS for the current fiscal year.
Analysts Set New Price Targets
View Our Latest Stock Report 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.
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