logo
Share SHARE
FONT-SIZE Plus   Neg

Celestica Q1 Profit Rises - Quick Facts

Celestica Inc. (CLS,CLS.TO) reported that its first-quarter IFRS net earnings was $43.2 million or $0.20 per share, up from $30.0 million or $0.14 per share in the same quarter last year.

Non-IFRS Adjusted net earnings declined to $53.6 million from $54.7 million in the same quarter last year. Non-IFRS adjusted net earnings per share for the quarter was $0.25, compared to $0.25 last year. Analysts polled by Thomson Reuters expected the company to report earnings of $0.21 per share. Analysts' estimates typically exclude special items.

Revenues for the quarter declined to $1.69 billion from $1.80 billion in the prior year quarter. Nine analysts had consensus revenue estimate of $1.67 billion for the quarter.

For the second quarter ending June 30, 2012, the company anticipates revenue to be in the range of $1.65 billion to $1.75 billion, and adjusted net earnings per share to be in the range of $0.20 to $0.26. Analysts expect the company to report earnings of $0.25 per share on revenues of $1.76 billion for the second-quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
French lender Societe Generale SA reported Thursday higher net profit in its fourth quarter, while operating income declined sharply amid higher litigation provision and lower net banking income. However, fiscal 2015 was marked by good operating performances in all the businesses. Citing the annual results, the company lifted its dividend. Fast-food giant Burger King will be adding hot dogs to its menu in the US from February 23. According to Burger King's North American President Alex Macedo, this addition is the most significant menu addition for the burger chain since it added a chicken sandwich in the 1970s. Burger King will... Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a fourth-quarter loss that widened from last year, hurt largely by higher operating costs which offset an increase in revenues. However, shares of the company gained 11 percent after the company detailed a strong delivery target for 2016. Tesla,...
comments powered by Disqus
Follow RTT