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Celestica Q2 Adjusted Earnings, Revenue Increase; 2024 Guidance Raised
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Celestica Q2 Adjusted Earnings, Revenue Increase; 2024 Guidance Raised
Jul 25, 2024 1:50 AM

04:27 AM EDT, 07/25/2024 (MT Newswires) -- Celestica ( CLS ) reported Q2 adjusted earnings late Wednesday of $0.91 per diluted share, up from $0.55 a year earlier.

Analysts polled by Capital IQ expected $0.82.

Revenue for the quarter ended June 30 was $2.39 billion, compared with $1.94 billion a year earlier.

Analysts surveyed by Capital IQ expected $2.25 billion.

The company said it now expects full-year 2024 adjusted earnings of $3.62 per share, compared with the previous outlook of $3.30. Analysts polled by Capital IQ expect $3.29.

The company expects revenue for the year of $9.45 billion, compared with the previous outlook of $9.1 billion. Analysts surveyed by Capital IQ expect $9.13 billion.

The company said it expects Q3 adjusted earnings of $0.86 to $0.96 per share. Analysts polled by Capital IQ expect $0.81.

The company expects revenue for the quarter of $2.33 billion to $2.48 billion. Analysts surveyed by Capital IQ expect $2.29 billion.

Price: 56.63, Change: +3.24, Percent Change: +6.07

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