Stock Track | Celestica Soars 8.62% on Surging Earnings Outlook and Bullish Analyst Sentiment

Stock Track

02-05

Celestica Inc. (CLS), an electronics manufacturing services company, saw its stock soar by 8.62% intraday on Tuesday, propelled by a notable improvement in the company's earnings outlook and rising analyst confidence.

The surge in Celestica's stock was fueled by a series of positive earnings estimate revisions from analysts, reflecting growing optimism about the company's earnings prospects. According to Zacks Investment Research, the consensus earnings estimate for the current quarter has risen by 14.12%, while the full-year estimate has increased by 7.81%.

This upward trend in earnings estimate revisions, coupled with Celestica's Zacks Rank #1 (Strong Buy) rating, suggests that the stock could continue its momentum in the near term. The Zacks Rank has a strong track record of outperformance, with stocks rated #1 (Strong Buy) historically generating an average annual return of +25% since 2008.

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(CLS), an electronics manufacturing services company, saw its stock soar by 8.62% intraday on Tuesday, propelled by a notable improvement in the company's earnings outlook and rising analyst confidence.</p>\n<p>The surge in Celestica's stock was fueled by a series of positive earnings estimate revisions from analysts, reflecting growing optimism about the company's earnings prospects. According to Zacks Investment Research, the consensus earnings estimate for the current quarter has risen by 14.12%, while the full-year estimate has increased by 7.81%.</p>\n<p>This upward trend in earnings estimate revisions, coupled with Celestica's Zacks Rank #1 (Strong Buy) rating, suggests that the stock could continue its momentum in the near term. 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According to Zacks Investment Research, the consensus earnings estimate for the current quarter has risen by 14","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CLS":"天弘科技"},"translate_title":"由于盈利前景飙升和分析师情绪看涨，天弘股价飙升8.62%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLS":1},"content_text":"Celestica Inc. (CLS), an electronics manufacturing services company, saw its stock soar by 8.62% intraday on Tuesday, propelled by a notable improvement in the company's earnings outlook and rising analyst confidence.\nThe surge in Celestica's stock was fueled by a series of positive earnings estimate revisions from analysts, reflecting growing optimism about the company's earnings prospects. 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