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

• Celestica Inc CCLS reported quarterly adjusted earnings of 86 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 47 cents. The mean expectation of six analysts for the quarter was for earnings of 72 cents per share. Wall Street expected results to range from 71 cents to 75 cents per share.

• Revenue rose 20.2% to $2.21 billion from a year ago; analysts expected $2.10 billion.

• Celestica Inc's reported EPS for the quarter was 85 cents​.

• The company reported quarterly net income of $101.7 million.

• Celestica Inc shares had fallen by 1.8% this quarter and gained 54.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 20.6% 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 $43.00

This summary was machine generated from LSEG data April 24 at 10:57 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)