Celestica (CLS) Scheduled to Post Earnings on Wednesday

Celestica (TSE:CLS) (NYSE:CLS) is set to announce its earnings results after the market closes on Wednesday, October 23rd. Analysts expect the company to announce earnings of C$1.13 per share for the quarter.

Celestica (TSE:CLS) (NYSE:CLS) last announced its quarterly earnings results on Wednesday, July 24th. The company reported C$1.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.99 by C$0.18. The firm had revenue of C$3.27 billion during the quarter, compared to the consensus estimate of C$3.09 billion. Celestica had a return on equity of 20.99% and a net margin of 4.16%.

Celestica Price Performance

The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. Celestica has a one year low of C$28.90 and a one year high of C$88.05. The company has a 50 day moving average of C$68.29 and a 200 day moving average of C$70.10. The stock has a market capitalization of C$9.99 billion, a price-to-earnings ratio of 20.96, a P/E/G ratio of 0.14 and a beta of 2.25.

Analysts Set New Price Targets

Separately, TD Securities increased their target price on shares of Celestica from C$55.00 to C$61.00 and gave the company a “buy” rating in a research report on Friday, July 26th.

Celestica Company Profile

Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.