Celestica Beats Q1 Estimates, Raises FY Outlook On 'Strengthening Demand,' Shares Slide

Celestica Inc CLS reported first-quarter financial results Thursday after the bell. Here’s a look at the key metrics from the quarter.

• Q1 Revenue: $2.65 billion, versus estimates of $2.61 billion

• Q1 Adjusted EPS: $1.20, versus estimates of $1.15

“Celestica delivered a strong first quarter in 2025, achieving revenue of $2.65 billion and non-GAAP adjusted EPS of $1.20, both surpassing the high end of our guidance ranges. This strong performance was further highlighted by our highest ever adjusted operating margin of 7.1%,” said Rob Mionis, president and CEO of Celestica.

“With these results, and a strengthening demand outlook from our CCS customers, we are raising our full-year 2025 outlook.”

See Also: Alphabet Q1 Earnings Highlights: Google Search, YouTube, Cloud Show ‘Robust Momentum’

Outlook: Celestica guided for second-quarter revenue of $2.58 billion to $2.73 billion versus estimates of $2.77 billion. The company expects second-quarter adjusted earnings to be in the range of $1.17 to $1.27 per share versus Benzinga Pro estimates of $1.24 per share.

The company also raised its full-year 2025 outlook. Celestica raised its full-year revenue guidance from $10.7 billion to $10.85 billion, and raised its earnings outlook from $4.75 per share to $5 per share. The guidance is still below analyst estimates of $12.54 billion in revenue and earnings of $5.76 per share.

The company noted that its guidance assumes no material changes to tariffs compared to what’s currently in effect, and no material changes from current macroeconomic trends and uncertainties.

Celestica executives will further discuss the quarter on a call with investors and analysts Friday morning at 8 a.m. ET.

CLS Price Action: Celstica shares were down 3.25% after-hours, trading at $89.15 at the time of publication Thursday, according to Benzinga Pro.

Read Next:
• Boston Beer Reports Strong EPS Beat, Shipment Growth In Q1

Photo: Shutterstock.