Celestica Shares Rise 10% Following Strong Q3 Earnings and Upgraded Long-Term Guidance
Celestica (CLS) shares surged approximately 10% in early trading following the release of third-quarter financial results that exceeded market expectations. The Canadian technology firm also provided an optimistic outlook, raising its guidance for the fiscal years 2026 and 2027. Analysts at BNP Paribas expressed increased confidence in the company's trajectory, citing strong performance and upcoming growth catalysts. Potential future drivers include strategic involvement with major tech players like Google, which may further bolster Celestica's market position.
Topics: earnings report guidance upgrade stock price movement