Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) updated its fourth quarter 2024 earnings guidance on Wednesday. The company provided EPS guidance of 0.990-1.090 for the period, compared to the consensus EPS estimate of 0.950. The company issued revenue guidance of $2.4 billion-$2.6 billion, compared to the consensus revenue estimate of $2.5 billion. Celestica also updated its FY 2024 guidance to 3.850-3.850 EPS.
Celestica Trading Up 1.3 %
CLS traded up $0.85 during trading on Friday, hitting $68.79. 2,396,405 shares of the stock traded hands, compared to its average volume of 2,264,628. The firm has a market capitalization of $8.17 billion, a P/E ratio of 25.34 and a beta of 2.28. Celestica has a 12-month low of $20.87 and a 12-month high of $70.07. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.47 and a quick ratio of 0.86. The firm has a 50-day moving average of $52.13 and a 200 day moving average of $52.13.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last posted its earnings results on Wednesday, October 23rd. The technology company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.11. Celestica had a net margin of 4.16% and a return on equity of 19.96%. The company had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period in the prior year, the business posted $0.65 earnings per share. Celestica’s revenue for the quarter was up 24.8% on a year-over-year basis. Equities research analysts anticipate that Celestica will post 3.22 EPS for the current year.
Analyst Ratings Changes
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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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