Celestica (CLS) Misses Q1 EPS by 3c

Celestica (NYSE: CLS) reported Q1 EPS of $0.19, $0.03 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $1.29 billion versus the consensus estimate of $1.33 billion.

Second Quarter 2015 Outlook

For the second quarter ending June 30, 2015, we anticipate revenue to be in the range of $1.35 billion to $1.45 billion, and non-IFRS adjusted net earnings per share to be in the range of $0.20 to $0.26. We expect a negative $0.06 and $0.11 per share (pre-tax) aggregate impact on net earnings on an IFRS basis for employee stock-based compensation expense, amortization of intangible assets (excluding computer software) and restructuring charges.

For earnings history and earnings-related data on Celestica (CLS) click here.

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