Celestica Q2 2024 Adj EPS $0.91 Beats $0.81 Estimate, Sales $2.391B Beat $2.249B Estimate
Portfolio Pulse from Benzinga Newsdesk
Celestica (NYSE:CLS) reported strong Q2 2024 earnings, with adjusted EPS of $0.91 beating estimates by 12.35% and sales of $2.391 billion surpassing expectations by 6.31%. Both metrics showed significant year-over-year growth.
July 24, 2024 | 9:51 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Celestica reported Q2 2024 adjusted EPS of $0.91, beating the $0.81 estimate by 12.35%. Sales of $2.391 billion also exceeded the $2.249 billion estimate by 6.31%. Both EPS and sales showed significant year-over-year growth.
The strong earnings and sales performance, both beating analyst estimates and showing significant year-over-year growth, are likely to positively impact Celestica's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100