On November 11, Celestica recorded an Overnight rise of 5.04%, trading at $235.18 per share, with turnover of $1.4506 million.

The move was supported by the continued market digestion of the company’s previously reported third-quarter results and higher full-year adjusted EPS guidance, which remained the clearest recent catalyst in public information.

Celestica reported third-quarter revenue of $5.83 billion, up 83% year over year, while adjusted EPS came in at $3.30, above the $2.99 consensus estimate. The company also raised its full-year adjusted EPS outlook to $11.55, above the $11.21 market expectation. More recent market commentary also indicated that this earnings beat and guidance increase were still underpinning sentiment around the stock in the latest sessions.

(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.)