Celestica Inc. (CLS) released a profit for its second quarter that Increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $211.0 million, or $1.82 per share. This compares with $95.0 million, or $0.80 per share, last year.
Excluding items, Celestica Inc. reported adjusted earnings of $161.2 million or $1.39 per share for the period.
Analysts on average had expected the company to earn $1.23 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 21.0% to $2.893 million from $2.391 million last year.
Celestica Inc. earnings at a glance (GAAP) :
-Earnings: $211.0 Mln. vs. $95.0 Mln. last year.-EPS: $1.82 vs. $0.80 last year.-Revenue: $2.893 Mln vs. $2.391 Mln last year.
-Guidance:Next quarter EPS guidance: $1.37 to $1.53Next quarter revenue guidance: $2.875 to $3.125 BlnFull year EPS guidance: $5.50Full year revenue guidance: $11.55 Bln
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