Celestica Inc. (CLS) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $151.7 million, or $1.29 per share. This compares with $91.6 million, or $0.77 per share, last year.
Excluding items, Celestica Inc. reported adjusted earnings of $130.2 million or $1.11 per share for the period.
Analysts on average had expected the company to earn $1.06 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 19.0% to $2.546 billion from $2.140 billion last year.
Celestica Inc. earnings at a glance (GAAP) :
-Earnings: $151.7 Mln. vs. $91.6 Mln. last year.
-EPS: $1.29 vs. $0.77 last year.
-Revenue: $2.546 Bln vs. $2.140 Bln last year.
-Guidance:
Next quarter EPS guidance: $1.06 to $1.16
Next quarter revenue guidance: $2.475 to $2.625 bln
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