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Benzinga
Benzinga
Business
Avi Kapoor

Why Celestica Shares Are Trading Higher By Around 12%; Here Are 20 Stocks Moving Premarket

Celestica Celestica Inc Nasdaq
Celestica Newmarket,,Ontario,,Canada,-,June,10,,2018:,Celestica,Inc.,Sign

Shares of Celestica Inc. (NYSE:CLS) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results, raised its FY25 guidance, and issued third-quarter guidance above estimates.

Celestica reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $1.22 per share. The company reported quarterly sales of $2.893 billion which beat the analyst consensus estimate of $2.652 billion.

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