Shares of Celestica (CLS) surged 8.35% in pre-market trading on Tuesday, following the release of its impressive third-quarter earnings report for 2025. The Toronto-based electronics manufacturing services company not only beat analyst expectations but also raised its fiscal 2025 outlook, triggering a wave of investor enthusiasm.
Celestica reported quarterly earnings of $1.58 per share, significantly surpassing the analyst estimate of $1.47. Revenue for the quarter came in at $3.19 billion, exceeding the Street estimate of $3.01 billion. These results represent substantial year-over-year growth, with earnings per share up 52% and revenue increasing by 28%, both exceeding the high end of the company's guidance ranges.
Adding to the positive sentiment, Celestica raised its fiscal 2025 revenue outlook to $12.2 billion, up from the previous $11.55 billion, and increased its adjusted EPS outlook to $5.90, up from $5.50. CEO Rob Mionis commented on the strong performance, stating, "We achieved very strong results in the third quarter, with revenue of $3.19 billion and non-GAAP adjusted EPS of $1.58, representing growth of 28% and 52%, respectively, each exceeding the high end of our guidance ranges." The company's robust execution was further highlighted by an impressive adjusted operating margin of 7.6%, another high for Celestica.