Celestica: Q3 Earnings Snapshot

TORONTO (AP) — TORONTO (AP) — Celestica Inc. (CLS) on Monday reported third-quarter earnings of $397.2 million.

On a per-share basis, the Toronto-based company said it had net income of $3.26. Earnings, adjusted for one-time gains and costs, came to $3.30 per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $3.02 per share.

The electronics manufacturing services company posted revenue of $5.83 billion in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $5.5 billion.

For the current quarter ending in December, Celestica expects its per-share earnings to range from $3.37 to $3.57.

The company said it expects revenue in the range of $6.28 billion to $6.58 billion for the fiscal fourth quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CLS at https://www.zacks.com/ap/CLS