TORONTO (AP) — TORONTO (AP) — Celestica Inc. (CLS) on Wednesday reported fourth-quarter profit of $267.5 million.
On a per-share basis, the Toronto-based company said it had net income of $2.31. Earnings, adjusted for non-recurring gains, were $1.89 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.74 per share.
The electronics manufacturing services company posted revenue of $3.65 billion in the period, also topping Street forecasts. Three analysts surveyed by Zacks expected $3.47 billion.
For the year, the company reported profit of $832.5 million, or $7.16 per share. Revenue was reported as $12.39 billion.
For the current quarter ending in March, Celestica expects its per-share earnings to range from $1.95 to $2.15.
The company said it expects revenue in the range of $3.85 billion to $4.15 billion for the fiscal first quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLS at https://www.zacks.com/ap/CLS
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