Celestica (CLS) Tops Q4 EPS by 12c

January 26, 2022 6:02 PM EST
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Celestica (NYSE: CLS) reported Q4 EPS of $0.44, $0.12 better than the analyst estimate of $0.32. Revenue for the quarter came in at $1.5 billion versus the consensus estimate of $1.49 billion.

“Celestica’s solid performance in the fourth quarter capped a successful 2021 for our company. We returned to top-line year-over-year revenue growth, our non-IFRS operating margin* of 4.9% marked yet another record, our non-IFRS adjusted EPS* of $0.44 was our highest in more than 20 years, and we closed on our acquisition of PCI,” said Rob Mionis, President and CEO, Celestica. “Our results continue to affirm our confidence in our long-term strategy, the capabilities of our global team, and our optimism for 2022.”

“We enter 2022 with confidence that Celestica is well-positioned to be successful. Our focus is squarely on meeting our 2022 performance expectations while successfully managing the dynamic macro environment. Achievement of our 2022 outlook would represent new records for our non-IFRS adjusted EPS and non-IFRS operating margin, and we have every reason to believe that we will continue to deliver on our expectations in the coming year.

GUIDANCE:

  • FY22 Revenue to increase to at least $6.3 billion.
  • FY22 Operating margin (non-IFRS)* to be in the range of 4.0% to 5.0%.

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



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