Celestica, Inc. (NYSE:CLS) is reporting second quarter financial results on Wednesday 29th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, CLS is expected to report 2Q20 income of $ 0.14 per share from revenue of $ 1308.98 million.
For the full year, analysts anticipate top line of $ 5295.67 million, while looking forward to income of $ 0.62 per share bottom line.
Previous Quarter Performance
Celestica, Inc. reported income for the first quarter of $ 0.16 per share, from the revenue of $ 1,319.00 million. The quarterly earnings raised 33.33 percent while revenues shrunk 7.96 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.10 per share from $ 1224.58 million in revenue. The bottom line results beat street analysts by $ 0.06 or 60.00 percent, at the same time, top line results outshined analysts by $ 94.42 million or 7.71 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CLS was $ 7.12, representing a 170.72 % increase from the 52 week low of $ 2.63 and a 23.36 % decrease over the 52 week high of $ 9.29.
The company has a market capital of $ 917.56 million and is part of the Technology sector and Contract Manufacturers industry.
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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.