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Celestica: Q3 Earnings Snapshot
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TORONTO (AP) — TORONTO (AP) — Celestica Inc. (CLS) on Monday reported third-quarter earnings of $397.2 million.

On a per-share basis, the Toronto-based company said it had net income of $3.26. Earnings, adjusted for one-time gains and costs, came to $3.30 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.02 per share.

The electronics manufacturing services company posted revenue of $5.83 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $5.5 billion.

For the current quarter ending in December, Celestica expects its per-share earnings to range from $3.37 to $3.57.

The company said it expects revenue in the range of $6.28 billion to $6.58 billion for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLS at https://www.zacks.com/ap/CLS

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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