Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.99-$1.09 for the period, compared to the consensus EPS estimate of $0.95. The company issued revenue guidance of $2.425-$2.575 billion, compared to the consensus revenue estimate of $2.45 billion. Celestica also updated its FY 2024 guidance to 3.850-3.850 EPS.
Celestica Stock Performance
CLS stock opened at $69.38 on Friday. The stock has a market capitalization of $8.24 billion, a PE ratio of 25.89 and a beta of 2.28. 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 company has a 50 day moving average price of $52.42 and a 200 day moving average price of $52.27. Celestica has a fifty-two week low of $20.87 and a fifty-two week high of $70.07.
Celestica (NYSE:CLS – Get Free Report) (TSE:CLS) last announced its quarterly earnings data on Wednesday, October 23rd. The technology company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.11. Celestica had a return on equity of 19.96% and a net margin of 4.16%. The firm had revenue of $2.50 billion during the quarter, compared to analyst estimates of $2.41 billion. During the same period last year, the company earned $0.65 earnings per share. The company’s revenue was up 24.8% on a year-over-year basis. Analysts forecast that Celestica will post 3.22 EPS for the current year.
Analysts Set New Price Targets
View Our Latest Research 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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