Celestica Inc. (NYSE: CLS) Faces Challenges Amid High Expectations

Celestica Inc. (NYSE:CLS) is projected to report earnings per share of $1.73 and revenue of approximately $3.49 billion.The company's stock price dropped by $18.83 per share, or 6.08%, following a report suggesting Google might shift assembly work away from Celestica.Celestica's high valuation is reflected in its price-to-earnings (P/E) ratio of approximately 54.97 and a price-to-sales ratio of about 3.41.Celestica Inc. (NYSE:CLS) is a prominent player in the electronics manufacturing services industry. The ...