Celestica, Inc. (NYSE:CLS) is reporting third quarter earnings results on Wednesday 28th October 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.25 per share.
For the full year, analysts predict revenues of $ 5745.65 million, while looking forward to income of $ 0.87 per share.
Previous Quarter Performance
Celestica, Inc. posted income for the second quarter of $ 0.25 per share, from the revenue of $ 1,492.00 million. The quarterly earnings expanded 108.33 percent while revenues boosted 3.21 percent compared with the same quarter last year.
According to street consensus, CLS was expected to report 2Q20 income of $ 0.14 per share from revenue of $ 1308.98 million. The bottom line results beat street analysts by $ 0.11 or 78.57 percent, at the same time, top line results outshined analysts by $ 183.02 million or 13.98 percent.
Stock Performance
Shares of Celestica, Inc. traded up $ 0.14 or 2.15 percent on Tuesday, reaching $ 6.66 with volume of 310.70 thousand shares. Celestica, Inc. has traded high as $ 6.71 and has cracked $ 6.49 on the downward trend
According to the previous trading day, closing price of $ 6.66, representing a 147.91 % increase from the 52 week low of $ 2.63 and a 29.82 % decrease over the 52 week high of $ 9.29.
The company has a market capital of $ 862.06 million and is part of the Technology sector and Contract Manufacturers industry.
Celestica Inc. provides design, manufacturing, hardware platform, and supply chain solutions in Canada and internationally. It operates through two segments, Advanced Technology Solutions, and Connectivity & Cloud Solutions.