Shares of Celestica Inc. (NYSE: CLS) surged 11.33% on Monday following the release of its second-quarter earnings report that significantly exceeded analyst expectations. The electronic manufacturing services company demonstrated robust financial performance, driving investor enthusiasm and pushing the stock to new highs.

Celestica reported quarterly adjusted earnings of $1.39 per share, handily beating the analyst consensus estimate of $1.22 by 13.93%. The company's top line also impressed, with quarterly sales reaching $2.893 billion, surpassing the expected $2.652 billion by 9.09%. These results showcase Celestica's ability to outperform in a challenging market environment. The Q2 performance also marked substantial year-over-year growth, with earnings per share increasing by an impressive 52.75% compared to the $0.91 reported in the same period last year.

Adding to the positive sentiment, Celestica raised its full-year 2025 outlook. The company now expects revenue to reach $11.55 billion, up from the prior guidance of $10.85 billion, and anticipates adjusted EPS of $5.50, increased from the previous estimate of $5.00. CEO Rob Mionis cited "strong first half results and a strengthening demand outlook from our CCS customers" as reasons for the improved forecast. The company's ability to navigate supply chain challenges and capitalize on growing demand in key markets has clearly resonated with investors, leading to the significant stock price jump.