Celestica Inc. (NYSE:CLS) shares climbed after the company posted its second-quarter results after Monday’s closing bell, beating analyst estimates on the top and bottom lines.
Here’s a look at the details inside the report.
- CLS stock is moving. Watch the price action here.
Celestica Q2 Details
Celestica reported quarterly earnings of $2.54 per share, which beat the Street estimate of $2.30 by 10.43%, according to Benzinga Pro data.
Quarterly revenue clocked in at $4.7 billion, which beat the analyst consensus estimate of $4.39 billion.
“Celestica delivered very strong performance in the second quarter, achieving revenue of $4.70 billion and adjusted EPS of $2.54, each exceeding the high end of our guidance ranges. Our adjusted operating margin of 8.2% represents another new high for the company, demonstrating the strength of our execution,” said Rob Mionis, CEO.
Read Also: QUICK SPARK: Capricor Stock Dives — 'Complete Fraud' Says Pharma Bro Martin Shkreli
Looking Ahead
Celestica raised its fiscal 2026 adjusted EPS guidance to $11.30, versus the $10.15 analyst estimate, and raised its revenue outlook to $20.5 billion, versus the $19.18 billion estimate.
CLS Stock Price Activity: According to data from Benzinga Pro, Celestica stock was up 9.24% to $318.24 in Monday’s extended trading.
Photo: Shutterstock