Celestica posts loss per share of $0.02

Celestica announces first quarter 2020 financial results.q1 adjusted earnings per share $0.16.q1 loss per share $0.02.q1 revenue $1.32 billion versus refinitiv ibes estimate of $1.24 billion.q1 earnings per share estimate $0.10 -- refinitiv ibes data.in response to materials constraints related to covid-19, purchased additional materials in q1 2020.celestica - reductions in order volumes estimated to have had about $85 million adverse revenue impact in q1 2020.anticipate that most of estimated demand shortfall resulting from covid-19 will push into later periods.also experienced reduced global capacity utilization levels.celestica - global network currently operating at about 80% - 85% of normal workforce levels.sees q2 results will be largely in line with q1 results.
CLS Ratings Summary
CLS Quant Ranking