Edition:
India

Celestica Reports Q1 Earnings Per Share Of $0.66


Thursday, 25 Apr 2019 

April 25 (Reuters) - Celestica Inc ::CELESTICA ANNOUNCES FIRST QUARTER 2019 FINANCIAL RESULTS.Q1 EARNINGS PER SHARE $0.66.Q1 REVENUE $1.43 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.5 BILLION.Q1 EARNINGS PER SHARE ESTIMATE $0.16 -- REFINITIV IBES DATA.Q1 ADJUSTED EARNINGS PER SHARE $0.12.RECORDED APPROXIMATELY $51 MILLION IN RESTRUCTURING CHARGES FROM COMMENCEMENT OF OUR COST EFFICIENCY INITIATIVE THROUGH END OF Q1 2019.ESTIMATE TOTAL RESTRUCTURING CHARGES FOR COST EFFICIENCY INITIATIVE TO BE NEAR HIGH END OF PREVIOUSLY DISCLOSED RANGE OF $50 MILLION - $75 MILLION.EXPECT REMAINDER OF CHARGES TO BE RECORDED BY END OF 2019.SEES Q2 2019 IFRS REVENUE $1.4 BILLION TO $1.5 BILLION.SEES Q2 2019 NON-IFRS ADJUSTED EPS $0.09 TO $0.15."EXPECT DEMAND SOFTNESS IN OUR CAPITAL EQUIPMENT BUSINESS TO CONTINUE THROUGHOUT 2019".CELESTICA - "IF DEMAND SOFTNESS IN OUR COMMUNICATIONS END MARKET PERSISTS INTO SECOND HALF OF 2019, TOTAL COMPANY REVENUE FOR 2019 COULD DECREASE YEAR OVER YEAR".Q2 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $1.60 BILLION -- REFINITIV IBES DATA. 

Company Quote

6.81
0.03 +0.44%
1:40am IST