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
They say there's plenty of fish in the sea, but very few of them are as wealthy as these tycoons. May be they have been so busy building their empires they never had the time to stick with a perfect partner to build their family. This list of the richest singles is assorted — from a 34 year-old... Anthony Levandowski, the head of Uber's self-driving division, is stepping away from his role as Uber continues a legal battle with Waymo, Levandowski's former employer. Levandowski, who founded startup Otto, became head of Uber's Advanced Technologies Group or ATG after Otto was acquired by Uber in August 2016. Southwest Airlines Co. has decided to end the practice of overbooking flights, the airline's CEO Gary Kelly said Thursday. The airline's plan to end overbooking could be implemented from May 8, according to a Southwest spokeswoman.
comments powered by Disqus
Follow RTT