TORONTO (AP) — TORONTO (AP) — Celestica Inc. (CLS) on Monday reported second-quarter profit of $211 million.
The Toronto-based company said it had profit of $1.82 per share. Earnings, adjusted for one-time gains and costs, came to $1.39 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.
The electronics manufacturing services company posted revenue of $2.89 billion in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $2.67 billion.
For the current quarter ending in September, Celestica expects its per-share earnings to range from $1.37 to $1.53.
The company said it expects revenue in the range of $2.88 billion to $3.13 billion for the fiscal third quarter.
Celestica expects full-year earnings to be $5.50 per share, with revenue expected to be $11.55 billion.
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