Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) updated its FY25 earnings guidance on Wednesday. The company provided earnings per share guidance of $4.42 for the period, compared to the consensus earnings per share estimate of $4.07. The company issued revenue guidance of $10.40 billion, compared to the consensus revenue estimate of $10.41 billion. Celestica also updated its FY 2024 guidance to 3.850-3.850 EPS.
Celestica Stock Performance
Shares of NYSE:CLS traded up $8.63 during midday trading on Thursday, reaching $66.10. 5,932,888 shares of the company traded hands, compared to its average volume of 2,256,275. Celestica has a 12 month low of $20.87 and a 12 month high of $68.44. The firm’s fifty day moving average price is $51.89 and its two-hundred day moving average price is $52.02. The company has a quick ratio of 0.86, a current ratio of 1.47 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $7.85 billion, a price-to-earnings ratio of 24.89 and a beta of 2.28.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings results on Wednesday, October 23rd. The technology company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.11. The firm had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.41 billion. Celestica had a net margin of 4.16% and a return on equity of 19.96%. The company’s revenue for the quarter was up 24.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.65 earnings per share. On average, equities analysts expect that Celestica will post 3.22 earnings per share for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Research Report on Celestica
About Celestica
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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