Celestica (CLS) Tops Q2 EPS by 2c

Celestica (NYSE: CLS) reported Q2 EPS of $0.25, $0.02 better than the analyst estimate of $0.23. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.4 billion.

Celestica sees Q3 2015 EPS of $0.28-$0.34, versus the consensus of $0.28. Celestica sees Q3 2015 revenue of $1.4-1.5 billion, versus the consensus of $1.44 billion.

"Celestica delivered a solid second quarter with revenue and adjusted earnings per share above the midpoint of our guidance range, driven primarily by strength in our communications, storage and semiconductor markets as compared to last quarter," said Craig Muhlhauser, Celestica's President and Chief Executive Officer. "Through our continued focus on profitable revenue growth, operational excellence and continuous improvement, we also achieved sequential improvements in operating margin and return on invested capital."

"As we look ahead to the second half of the year, we remain focused on diversification and accelerating our growth, strong operational execution, disciplined cost management and increasing our asset velocity to drive customer and shareholder value."

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

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