Celestica Inc CLS reported better-than-expected first-quarter revenues after the closing bell on Thursday.
The business published income of $2.65 billion, versus price quotes of $2.61 billion. Changed revenues was available in at $1.20 per share, versus price quotes of $1.15 per share.
” Celestica provided a strong very first quarter in 2025, accomplishing income of $2.65 billion and non-GAAP adjusted EPS of $1.20, both going beyond the luxury of our assistance varieties. This strong efficiency was even more highlighted by our greatest ever changed running margin of 7.1%,” stated Rob Mionis, president and CEO of Celestica.
Celestica directed for second-quarter income of $2.58 billion to $2.73 billion versus price quotes of $2.77 billion. The business anticipates second-quarter adjusted revenues to be in the series of $1.17 to $1.27 per share versus Benzinga Pro price quotes of $1.24 per share.
The business likewise raised its full-year 2025 outlook. Celestica raised its full-year income assistance from $10.7 billion to $10.85 billion, and raised its revenues outlook from $4.75 per share to $5 per share. The assistance is still listed below expert price quotes of $12.54 billion in income and revenues of $5.76 per share.
Celestica shares fell 3.3% to trade at $86.13 on Monday.
These experts made modifications to their rate targets on Celestica following revenues statement.
- Barclays expert George Wang preserved Celestica with an Obese ranking and decreased the rate target from $157 to $126.
- JP Morgan expert Samik Chatterjee preserved Celestica with an Obese ranking and raised the rate target from $105 to $115.
- RBC Capital expert Paul Treiber, on the other hand, restated the stock with an Outperform ranking and preserved a $120 rate target.
Thinking about purchasing CLS stock? Here’s what experts believe:
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