Celestica Stock Extends Gains After Q2 Results Beat Estimates

Celestica Inc. (NYSE: CLS ) shares climbed after the company posted its second-quarter results after Monday’s closing bell, beating analyst estimates on the top and bottom lines. Here’s a look at the details inside the report. CLS stock is moving. Watch the price action here. Celestica Q2 Details Celestica reported quarterly earnings of $2.54 per share, which beat the Street estimate of $2.30 by 10.43%, according to Pro data. Quarterly revenue clocked in at $4.7 billion, which beat the analyst consensus estimate of $4.39 billion. “Celestica delivered very strong performance in the second quarter, achieving revenue of $4.70 billion and adjusted EPS of $2.54, each exceeding the high end of our guidance ranges. Our adjusted operating margin of 8.2% represents another new high for the company, demonstrating the strength of our execution,” said Rob Mionis, CEO. Read Also:...