Celestica, Inc. (CLS) Tops Q3 EPS by 2c; CEO Muhlhauser Plans Retirement

Celestica, Inc. (NYSE: CLS) reported Q3 EPS of $0.26, $0.02 better than the analyst estimate of $0.24. Revenue for the quarter came in at $1.42 billion versus the consensus estimate of $1.46 billion.

The company also announced that its President and Chief Executive Officer, Craig Muhlhauser, has informed the Board of Directors of his intent to retire as an officer and director of the company by the end of 2015, beginning an orderly leadership transition over the next twelve months.

The Board of Directors has formed a committee and engaged Spencer Stuart to support a comprehensive search process to identify the next CEO, considering both external and internal candidates.

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

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