Celestica Q3 Profit Down - Quick Facts

(RTTNews) - Celestica Inc. (CLS, CLS.TO) Tuesday reported third-quarter IFRS earnings of $43.7 million or $0.21 per share, down from $57.4 million or $0.31 per share in the same period last year.

Adjusted earnings for the quarter was $54.8 million or $0.26 per share. On average, seven analysts polled by Thomson Reuters expected the company to earn $0.21 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $1.58 billion from $1.49 billion last year. Analysts expected revenues of $1.49 billion.

Looking ahead to the fourth quarter, the company has forecast adjusted earnings in the range of $0.20 to $0.26 per share, with revenues ranging between $1.4 billion and $1.5 billion. Analysts currently expect the company to earn $0.24 per share on fourth-quarter revenues of $1.57 billion.