On July 28, Celestica rose 6.01% in regular trading, trading at $338.45/share, with turnover of $1.11 billion. The surge was driven by the company's Q2 earnings release, which significantly exceeded market expectations on all key metrics.
Specifically, Celestica reported Q2 revenue of $4.7 billion, up 62% year-over-year, surpassing the consensus estimate of approximately $4.37 billion. Adjusted earnings per share came in at $2.54, beating the expected $2.27 by roughly 12% and representing an 82.7% increase year-over-year. The company simultaneously raised its full-year revenue guidance to $20.5 billion from the prior $19 billion, and lifted its adjusted EPS outlook to $11.30 from $10.15, both well above prior market expectations.
Additionally, Celestica guided Q3 revenue to a midpoint of $5.4 billion, far exceeding the $5.01 billion consensus. Management indicated that revenue growth is expected to further accelerate into 2027, supported by new project wins, improving component supply, and robust AI infrastructure demand.
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