Celestica(CLS)
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Celestica(CLS) - 2024 Q1 - Earnings Call Presentation
2024-04-25 12:17
1 Cautionary Note Regarding Forward- Looking Statements Forward-looking statements are not guarantees of future performance and are subject to risks that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including, among others, risks related to: customer and segment concentration; reduction in customer revenue; erosion in customer market competitiveness; changing revenue mix and margins; uncertain market, political and economic conditions; o ...
Celestica (CLS) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-24 23:31
Celestica (CLS) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.47 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 19.44%. A quarter ago, it was expected that this electronics manufacturing services company would post earnings of $0.68 per share when it actually produced earnings of $0.76, delivering a surprise of 11.76%.Over the last ...
Celestica(CLS) - 2024 Q1 - Quarterly Report
2024-04-24 22:33
At March 31, 2024, our A/R balance included $247.7 (December 31, 2023 — $250.8) of contract assets recognized as revenue in accordance with our revenue recognition accounting policy. 13 more... CELESTICA INC. NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (in millions of U.S. dollars, except percentages and per share amounts) (unaudited) We recorded Acquisition Costs of $1.0 in Q1 2024 related to potential acquisitions (Q1 2023 — $0.3). On December 8, 2022, the TSX accepted our notice to launch an NCI ...
Celestica Announces First Quarter 2024 Financial Results
Newsfilter· 2024-04-24 21:15
Q1 2024 revenue and non-IFRS adjusted EPS* above the high end of guidance ranges;2024 full-year outlook raised (All amounts in U.S. dollars. Per share information based on diluted shares outstanding unless otherwise noted.) TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended March 31, 2024 (Q1 2024)†. " ...
Will Top-Line Expansion Augment Celestica's (CLS) Q1 Earnings?
Zacks Investment Research· 2024-04-23 18:21
Celestica, Inc. (CLS) is set to report its first-quarter 2024 results on Apr 24, after the closing bell. In the last reported quarter, the company beat the Zacks Consensus Estimate of 68 cents and delivered a trailing four-quarter earnings surprise of 8.77%, on average.The company is expected to record revenue growth year over year, backed by strong demand for its manufacturing technology and service solutions. The introduction of next-generation networking hardware solutions to support the advanced use cas ...
Celestica (CLS) Sees a More Significant Dip Than Broader Market: Some Facts to Know
Zacks Investment Research· 2024-04-18 23:06
Celestica (CLS) ended the recent trading session at $43.81, demonstrating a -1.82% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.22%. Meanwhile, the Dow experienced a rise of 0.06%, and the technology-dominated Nasdaq saw a decrease of 0.52%.Heading into today, shares of the electronics manufacturing services company had gained 1.29% over the past month, outpacing the Computer and Technology sector's loss of 1.64% and the S&P 500's loss of 1.6 ...
Should You Invest in Celestica (CLS) Based on Bullish Wall Street Views?
Zacks Investment Research· 2024-04-17 14:36
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Celestica (CLS) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Celestica currently has an average brokera ...
Celestica (CLS) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-04-11 23:06
The latest trading session saw Celestica (CLS) ending at $46.02, denoting a -0.09% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 0.74%. Elsewhere, the Dow lost 0.01%, while the tech-heavy Nasdaq added 1.68%.The the stock of electronics manufacturing services company has risen by 2.29% in the past month, leading the Computer and Technology sector's gain of 0.95% and the S&P 500's gain of 0.8%.Market participants will be closely following the financial r ...
Celestica Q1 2024 Financial Results and Conference Call Thursday, April 25, 2024
GlobeNewsWire· 2024-04-03 21:15
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Celestica’s first quarter financial results and conference call will take place on Thursday, April 25. The conference call start time is 8:00am ET. Financial results will be released after market close on Wednesday, April 24. Participants are invited to join the live webcast at: https://onlinexperiences.com/Launch/QReg/ShowUUID=6587FB57-7286-4A77-94AD-1E222D080F96&LangLocaleID=1033 For those unable to participate, a recorded webcast will be available approximately ...
Celestica Q1 2024 Financial Results and Conference Call Thursday, April 25, 2024
Newsfilter· 2024-04-03 21:15
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Celestica’s first quarter financial results and conference call will take place on Thursday, April 25. The conference call start time is 8:00am ET. Financial results will be released after market close on Wednesday, April 24. Participants are invited to join the live webcast at: https://onlinexperiences.com/Launch/QReg/ShowUUID=6587FB57-7286-4A77-94AD- 1E222D080F96&LangLocaleID=1033 For those unable to participate, a recorded webcast will be available approximatel ...