Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Celestica Q1 Profit Rises - Quick Facts

Celestica Inc. (CLS: Quote,CLS.TO: Quote) 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.

Click here to receive FREE breaking news email alerts for Celestica Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Yukiya Amano, Director General of the International Atomic Energy Agency (IAEA), said Monday that nuclear programs of the Democratic People's Republic of Korea (DPRK) and Iran remain matters of serious concern. The head of the United Nations nuclear watchdog made the remarks at the opening of the... Stocks largely turned in a lackluster performance during trading on Monday, as traders looked ahead to the Federal Reserve's monetary policy announcement later this week. Technology stocks saw significant weakness, however, resulting in a sharp drop by the tech-heavy Nasdaq. While most Americans support President Barack Obama's decision to take action against the terrorist group ISIS, the results of a new NBC News/Wall Street Journal/Annenberg poll found that the vast majority lack confidence that the U.S. will achieve its goals.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.