Celestica (CLS) Expected to Announce Earnings on Wednesday

Celestica (NYSE:CLS - Get Free Report) TSE: CLS is expected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $1.23 per share and revenue of $2.65 billion for the quarter. Celestica has set its Q2 2025 guidance at 1.170-1.270 EPS and its FY 2025 guidance at 5.000-5.000 EPS.

Celestica (NYSE:CLS - Get Free Report) TSE: CLS last released its quarterly earnings results on Thursday, April 24th. The technology company reported $1.20 EPS for the quarter, topping analysts' consensus estimates of $1.10 by $0.10. The business had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.56 billion. Celestica had a return on equity of 25.57% and a net margin of 4.26%. Celestica's revenue for the quarter was up 19.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.83 EPS. On average, analysts expect Celestica to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Celestica Trading Up 0.8%

Shares of CLS stock traded up $1.26 during trading hours on Thursday, reaching $161.36. The company had a trading volume of 1,364,129 shares, compared to its average volume of 3,408,175. The company has a 50 day moving average of $131.67 and a 200 day moving average of $110.15. The company has a debt-to-equity ratio of 0.59, a current ratio of 1.43 and a quick ratio of 0.85. The firm has a market cap of $18.56 billion, a price-to-earnings ratio of 44.58 and a beta of 1.81. Celestica has a 1-year low of $40.25 and a 1-year high of $165.83.

Analysts Set New Price Targets

CLS has been the topic of several recent research reports. Argus dropped their price target on Celestica from $150.00 to $120.00 and set a "buy" rating on the stock in a research note on Tuesday, April 29th. Wall Street Zen downgraded shares of Celestica from a "buy" rating to a "hold" rating in a research report on Thursday, May 22nd. BNP Paribas upgraded shares of Celestica to a "strong-buy" rating in a report on Wednesday, June 11th. JPMorgan Chase & Co. increased their price target on Celestica from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and issued a $120.00 price target on shares of Celestica in a research report on Monday, April 28th. Two investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $116.64.

About Celestica

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.