Celestica Expects Q1 Revenue Of $2.025B-$2.175B (Est. $1.987B), Adjusted EPS Of $0.67-$0.77 (Est. $0.60)
Portfolio Pulse from Benzinga Newsdesk
Celestica Inc. forecasts Q1 revenue to be between $2.025B-$2.175B, surpassing the estimated $1.987B. The company also anticipates adjusted EPS to range from $0.67-$0.77, which is higher than the estimated $0.60.
January 29, 2024 | 10:24 pm
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POSITIVE IMPACT
Celestica Inc. has provided a positive Q1 revenue and EPS guidance that exceeds analysts' estimates, indicating potential growth and financial strength.
Celestica's higher-than-expected revenue and EPS guidance for Q1 suggests strong performance and may lead to increased investor confidence and a potential rise in stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100