Canada's Celestica Q3 revenue jumps 83%, raises 2026 outlook
CLS•Celestica's Q3 revenue rose 83% to $5.83 billion and adjusted EPS more than doubled to $3.30, beating analyst expectations. It raised its 2026 revenue outlook to $21.0 billion and adjusted EPS forecast to $11.55, and sees 2027 revenue of $40.0 billion and adjusted EPS of $21.50.
1. Quarterly results
Celestica said Q3 revenue rose 83% to $5.83 billion, above the $5.48 billion analyst consensus. Adjusted EPS more than doubled year over year to $3.30, beating the $2.99 consensus; adjusted operating margin was 8.50%.
2. Raised outlook
The company raised its 2026 revenue outlook to $21.0 billion from $20.5 billion and its adjusted EPS forecast to $11.55 from $11.30. Celestica sees 2027 revenue of $40.0 billion and adjusted EPS of $21.50.
3. Company plans buyback
Celestica attributed revenue above guidance to higher-than-anticipated customer demand and said strong operational execution drove a record adjusted operating margin. It plans a new share buyback program, pending regulatory approval.
