$0.26 EPS Expected for Celestica Inc (CLS)

July 19, 2017 - By Nellie Frank

 $0.26 EPS Expected for Celestica Inc (CLS)

Wall Street await Celestica Inc (TSE:CLS) to release earnings on July, 25 after the close. Analysts forecast EPS of $0.26, down exactly $0.06 or 18.75 % from 2014’s $0.32 EPS. The expected T_CLS’s profit could reach $36.93M giving the stock 16.72 P/E in the case that $0.26 earnings per share is reported. After posting $0.32 EPS for the previous quarter, Celestica Inc’s analysts now forecast -18.75 % negative EPS growth. The stock decreased 0.11% or $0.02 on July 19, reaching $17.39. About 178,243 shares traded. Celestica Inc (TSE:CLS) has 0.00% since July 20, 2016 and is . It has underperformed by 16.70% the S&P500.

Celestica Inc (TSE:CLS) Ratings Coverage

Among 4 analysts covering Celestica Inc. (TSE:CLS), 0 have Buy rating, 0 Sell and 4 Hold. Therefore 0 are positive. Celestica Inc. had 14 analyst reports since July 28, 2015 according to SRatingsIntel. The company was maintained on Friday, January 27 by BMO Capital Markets. The firm earned “Sector Perform” rating on Friday, January 27 by RBC Capital Markets. Scotia Capital maintained it with “Sector Perform” rating and $20 target in Friday, April 21 report. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, April 21. On Monday, January 23 the stock rating was maintained by TD Securities with “Hold”. The rating was maintained by Scotia Capital on Friday, January 20 with “Sector Perform”. The firm has “Hold” rating by TD Securities given on Friday, April 21.

Celestica Inc. is a provider of supply chain solutions. The company has market cap of $2.47 billion. The Firm operates in electronics manufacturing services business segment. It has a 14.89 P/E ratio. The Firm offers a range of services to its customers, including design and development, engineering services, supply chain management, new product introduction, component sourcing, electronics manufacturing, assembly and test, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics and after-market repair and return services.

More news for Celestica Inc (TSE:CLS) were recently published by: Fool.ca, which released: “5 Reasons Why the Best Is Yet to Come for Celestica Inc.” on July 19, 2017. Seekingalpha.com‘s article titled: “The Long Case For Celestica” and published on June 29, 2017 is yet another important article.

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