Celestica Q2 Adj EPS $0.55 Beats $0.47 Estimate, Sales $1.94B Beat $1.82B Estimate
Portfolio Pulse from totan@benzinga.com
Celestica reported Q2 earnings of $0.55 per share, beating the analyst consensus estimate of $0.47 by 17.02%. This is a 25% increase from the same period last year. The company also reported quarterly sales of $1.94 billion, beating the analyst consensus estimate of $1.82 billion by 6.54%. This is a 12.93% increase from the same period last year.

July 26, 2023 | 10:18 pm
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POSITIVE IMPACT
Celestica's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Celestica's Q2 earnings and sales have exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the stock price. The significant increase in earnings and sales compared to the same period last year further strengthens this positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100