On July 28, Celestica rose 7.15% in after-hours trading, trading at $334.7/share, with turnover of $55.997 million.

On the news front, Celestica was scheduled to release its Q2 earnings report after market close. Market consensus estimates project quarterly revenue of approximately $4.366 billion, representing a 63.12% year-over-year increase. Adjusted earnings per share are expected at $2.30, up 85.31% year-over-year, while EBIT is anticipated to grow 79.52% year-over-year. Investors hold elevated expectations regarding the execution of AI-related orders and delivery momentum in the Connectivity and Cloud Solutions segment, which are seen as key growth drivers. Institutional sentiment remains broadly positive.

Additionally, the company recently announced a leadership transition within its CCS segment, a management change that has drawn market attention. The combination of robust growth expectations ahead of the official earnings release served as the primary catalyst for the stock movement.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)