Celestica Inc. (CLS,CLS.TO) reported a fall in first-quarter IFRS net earnings to $10.5 million, or $0.06 a share, from last year's $43.2 million, or $0.20 a share. On a non-IFRS basis, adjusted net earnings totaled $30.0 million, or $0.16 a share for the recent period. On average, 12 analysts polled by Thomson Reuters expected earnings per share of $0.15 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly revenue decreased to $1.37 billion, from $1.69 billion a year earlier. Analysts estimated revenues of $1.38 billion for the quarter.
For the second quarter, the company sees revenue in the range of $1.375 to $1.475 billion, and adjusted earnings per share of $0.13 to $0.19. Celestica expects a negative $0.05 to $0.10 per share (pre-tax) aggregate impact on an IFRS basis for the following items: stock-based compensation, amortization of intangible assets (excluding computer software) and restructuring charges. Analysts project second-quarter earnings of $0.16 a share, and revenue of $1.40 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.