GroBeta
All news

CLS

Celestica (NYSE: CLS) Delivers Strong Q3 2026 Results, Surpassing Estimates

By Danny GreenFrom Financial Modeling Prep

Key points

  • Celestica (NYSE: CLS) reported adjusted earnings of $3.30 per share and revenue of $5.83 billion, both exceeding analyst estimates for Q3 2026.
  • The company achieved an 83% year-over-year revenue increase and saw its adjusted operating margin improve from 7.6% to 8.5%.
  • A successful $3.45 billion public share offering was completed, with management forecasting accelerated revenue growth and further margin expansion in 2027.

Celestica (NYSE: CLS) makes electronics and provides supply chain services for other companies. In the third quarter of 2026, it reports adjusted earnings of $3.30 per share, above the $2.93 estimate. Revenue reaches $5.83 billion, also beating the $5.39 billion estimate.

Revenue rises 83% from a year earlier, as highlighted by GlobeNewswire. Adjusted earnings per share increase from $1.58 to $3.30. Both revenue and adjusted earnings exceed the high end of Celestica’s own forecasts, meaning the company also performs better than it had told investors to expect.

Under standard accounting rules, earnings per share rise from $2.31 to $3.26. Celestica’s adjusted operating margin increases from 7.6% to 8.5%, so it keeps more operating profit from each dollar of sales after certain costs are excluded. Its margin under standard accounting rules, however, falls from 10.2% to 7.9%.

Celestica also completes a public share offering that raises $3.45 billion before expenses. Looking ahead, the company expects revenue growth to speed up in 2027 and its adjusted operating margin to rise further.

Read the rest, free

Pop in your email to read every article in full and search any company. It takes five seconds.

You'll get Gro's newsletter too. Leave any time in one click.

More news

See all the news
  • RCL

    Royal Caribbean Group (NYSE: RCL) Price Target Raised by BofA Securities

    BofA Securities raised its price target for Royal Caribbean Group to $365. Royal Caribbean Group aims for adjusted earnings per share in the $20 range by 2027. The company reported strong booking volumes and expects 4.5% capacity growth next year. Royal Caribbean Group (NYSE: RCL) operates cruise…

    Tony Dante

  • VWDRY

    Vestas Wind Systems (OTC: VWDRY) Reports Q3 2026 Earnings Below Estimates

    Vestas Wind Systems (OTC: VWDRY) reported Q3 2026 earnings per share of $0.13 and revenue of $6.34 billion, both falling short of analyst estimates. The company's profitability was negatively affected by weak volume and a broken turbine blade. Following the earnings miss, shares declined, and…

    Rayan Ahmad

  • RUM

    RUM Group Inc. (NASDAQ: RUM) Reports Q3 2026 Earnings and Record Revenue

    RUM Group Inc. reported Q3 2026 earnings per share of -$0.19, missing estimates, but revenue of $96.6 million exceeded expectations. The company achieved a record quarterly revenue of $96.6 million, a 290% increase year-over-year, and its first profitable quarter on an adjusted EBITDA basis. RUM…

    Danny Green