CLS

TORONTO, July 06, 2026 (GLOBE NEWSWIRE) -- Celestica Inc. (NYSE: CLS) (TSX: CLS) will release its second quarter 2026 financial results after market close on Monday, July 27, 2026, and will host a conference call at 8:00am ET on Tuesday, July 28, 2026. Participants are invited to join the live webcast at the following link. For those unable to participate, a recorded webcast will be available approximately two hours after completion of the call. To access the recorded webcast visit www.celestica.com. Contact Celestica Investor [email protected]

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Celestica (CLS), which belongs to the Zacks Electronics - Manufacturing Services industry. This electronics manufacturing services company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 6.23%. For the last reported quarter, Celestica came out with earnings of $2.16 per share versus the Zacks Consensus Estimate of $2.08 per share, representing a surprise of 3.85%. For the previous quarter, the company was expected to post earnings of $1.74 per share and it actually produced earnings of $1.89 per share, delivering a surprise of 8.62%. For Celestica, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Celestica has an Earnings ESP of +0.55% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss. Many companies end up beating the consensus EPS estimate, but that may not be the sole basis...

Jabil, Inc. JBL third-quarter fiscal 2026 results surpassed expectations, driven by robust AI infrastructure demand and broad-based growth across its portfolio. Core earnings of $3.16 per share increased 23.9% year over year and topped the Zacks Consensus Estimate of $3.12 by 1.28%.Net revenues rose 11.8% to $8.75 billion and exceeded the consensus mark of $8.63 billion by 1.39%. Intelligent Infrastructure remained the key growth engine, with segment revenues climbing 21% year over year. Jabil reported third-quarter fiscal 2026 net revenues of $8.75 billion, up from $7.83 billion in the year-ago quarter. Revenues benefited from strong demand across multiple end markets, particularly AI-related cloud and data center infrastructure programs.Core operating income increased to $504 million from $420 million a year ago. Core diluted earnings per share rose to $3.16 from $2.55, reflecting solid operating execution and margin expansion. On a GAAP basis, diluted earnings per share improved to $2.59 from $2.03. Jabil, Inc. price-consensus-eps-surprise-chart | Jabil, Inc. Quote The Intelligent Infrastructure segment remained Jabil’s largest business, contributing 48% of total revenue during the quarter. Segment revenue increased 21% year over year to approximately $4.2 billion, supported by strong demand in capital equipment, cloud and data center infrastructure, as well as networking and communications.Management noted that networking and communications revenue increased more than 50%, aided by a strong networking ramp in India. Segment core operating margin expanded 80 basis points year over year to 6.1%, highlighting favorable mix and execution. Regulated Industries generated revenues of roughly $3.2 billion, representing 36% of total company sales. Revenues increased 4% year over year, driven primarily by stronger-than-expected automotive and transportation demand. Core operating margin improved 10 basis points to 5.6%.Connected Living and Digital Commerce accounted for 16% of revenue. Sales rose 5% year over year to approximately $1.4 billion as consumer-related demand performed better than management’s cautious expectations. The segment delivered a core operating margin of 4.9%. Jabil’s profitability strengthened during the quarter. Core operating margin expanded to 5.8% from 5.4% in the prior-year period, supported by a favorable business mix and disciplined ex...

Jabil, Inc. JBL is scheduled to report third-quarter fiscal 2026 earnings on June 17 before the opening bell. The Zacks Consensus Estimate for sales and earnings is pegged at $8.53 billion and $3.09 per share, respectively. Earnings estimates for JBL have remained unchanged for 2026 and have increased 0.98% for 2027, over the past 60 days. Image Source: Zacks Investment Research The leading electronics manufacturing services firm has had a solid earnings surprise history in the trailing four quarters, exceeding earnings expectations on all occasions. It delivered a four-quarter earnings surprise of 7.92%, on average. Image Source: Zacks Investment Research Our proven model does not conclusively predict an earnings beat for Jabil for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the chances of an earnings beat. That is not the case here.You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Jabil currently has an ESP of -0.19% with a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here. During the quarter, Jabil formed a collaboration with Sivers Semiconductors to develop an energy-efficient 1.6T pluggable optical transceiver module. Demand for 800G and higher optical transceivers are growing rapidly. Jabil’s prudent investment in 1.6T technology at an early stage is expected to give it a competitive edge.In the quarter under review, HyperLight, UMC, Wavetek and Jabil have entered into a collaboration to accelerate the commercialization and large-scale deployment of Thin-Film Lithium Niobate (TFLN) photonics for AI data centers. In this venture, HyperLight provides the TFLN photonic technology, and UMC and Wavetek manufacture the photonic chips at scale. Jabil is offering its expertise in high-volume manufacturing, supply chain management, system integration and assembly, which helps to bring these products to commercial deployments. The approach is aligned with Jabil’s strategy of moving beyond contract manufacturing toward system-level AI infrastructure integration. Strategic collaboration with industry leaders and a strong focus on innovation bode well for sustainable growth.In the third quarter, per the Zacks Consensus Estimate, revenues in the Regulated Industries segment are pegged at $3.1 billion, i...

Flex Ltd. FLEX is entering a phase of elevated investment, with fiscal 2027 capex expected to be between $1.4 billion and $1.6 billion, a sharp increase from $625 million in fiscal 2026. The company is scaling investments to capture increasing demand for AI-driven data center infrastructure, particularly within its Cloud and Power Infrastructure (CPI) segment. Management noted that the spending was tied to multi-year customer programs, including agreements with hyperscalers and data center clients such as Google. These projects span power infrastructure, thermal systems and complex hardware manufacturing, necessitating considerable upfront capital deployment. FLEX noted that capex will remain elevated in fiscal 2027 but will normalize in fiscal 2028. The company highlighted that it has strong visibility, with backlog and capacity effectively booked out over the next couple of years. This implies that the current capex surge is aligned with tangible revenue opportunities rather than speculative expansion. Image Source: Zacks Investment Research Flex expects these investments to weigh on near-term margins but ultimately drive expansion. The company noted that infrastructure investments temporarily pressured adjusted operating margins (100 bps) in fiscal 2026 but are expected to be fully recovered in fiscal 2027. It expects additional margin expansion of 50 to 100 bps in fiscal 2028. To conclude, Flex’s aggressive investment strategy reflects confidence. While fiscal 2027 may see higher capex spending and execution risks, it also appears to mark a turning point as the company positions itself for growth, stronger margins and long-term value creation. Sanmina Corporation SANM is also ramping up investments, focusing on capitalizing on accelerated demand in the cloud and AI infrastructure vertical. The company reported capital expenditures of $57 million in the second quarter of 2026, lower than expectations due to timing, but guided this higher to $95 million for the current quarter as it continues to invest in capabilities aligned with long-term growth. Sanmina noted that the CPS segment's non-GAAP gross margin declined 230 bps year over year due to depreciation and expenses tied to investments for new programs, which it expects to be margin accretive in the coming quarters. For Celestica CLS, capex has surged meaningfully, with capital expenditures reaching $2...

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Recent attention on Celestica (TSX:CLS) stems from strong earnings results and upbeat analyst commentary, which have pushed the stock into the spotlight as expectations for higher earnings and revenue build. See our latest analysis for Celestica. The share price has been volatile in the short term, with a 1-day share price return of 3.8% and a 7-day share price return that fell 8.5%. Momentum over longer periods remains strong, reflected in a 90-day share price return of 47.3% and a 1-year total shareholder return above 200%, which aligns with upbeat earnings news and a reassessment of growth prospects despite some concerns around valuation and insider selling. If Celestica’s run has you looking beyond a single stock, this is a good moment to widen your watchlist with 48 AI infrastructure stocks Celestica now trades after a sharp 1-year run, solid revenue and net income growth, and a share price that sits below the average analyst target. Is this strength still underappreciated, or is the market already pricing in future growth? Celestica’s most followed narrative places fair value at CA$648.86, above the last close of CA$538.27, which puts the current price at a discount to that estimate. Read the complete narrative. Curious what revenue path, margin profile, and future earnings multiple need to line up for that fair value to make sense? The full narrative spells out the growth, profitability and valuation assumptions sitting behind that CA$648.86 figure. Result: Fair Value of CA$648.86 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on heavy exposure to a few hyperscaler customers, as well as AI and cloud spending remaining supportive, both of which could quickly challenge the bullish thesis. Find out about the key risks to this Celestica narrative. Our DCF model points in the opposite direction to the AI driven fair value narrative. On this view, Celestica at CA$538.27 trades above an estimated future cash flow value of CA$285.40, which implies the stock screens as overvalued rather than undervalued on cash flow assumptions. Look into how the SWS DCF model arrives at its fair value. Simply Wall St performs a discounted cash flow (DCF) on every stock in the world every day (ch...

In recent days, Celestica has attracted attention as analysts highlighted strong earnings performance, expectations for higher earnings per share and revenue in coming fiscal years, and a favorable Zacks Rank #2 rating indicating potential near-term outperformance. At the same time, valuation tools flag the shares as trading at a substantial premium to estimated intrinsic value, while about US$1.4 million of insider share sales over the last three months without offsetting insider buying adds an extra dimension for investors to weigh. With analyst optimism and insider selling in focus, we now examine how this news flow may reshape Celestica’s broader investment narrative. The future of work is here. Discover the 33 top robotics and automation stocks leading the charge in AI-driven automation and industrial transformation. To own Celestica today, you have to believe its role in supplying advanced networking and AI infrastructure can support durable earnings power, even after a powerful share price run. The latest news of strong earnings expectations and a bullish Zacks Rank, set against valuation tools flagging a premium price and insider selling, does not materially change the key near term catalyst in my view: execution on large hyperscaler programs, with the biggest risk being any slowdown or disruption in those customer relationships. The recent Q1 2026 result, with revenue of US$4,047 million and higher full year 2026 revenue guidance of US$19.0 billion, is what really anchors this debate around optimism and risk. It ties directly into the hyperscaler and AI driven growth story the market is focused on, while the highlighted overvaluation metrics and US$1.4 million in insider sales give investors a concrete counterpoint when weighing how much of that growth potential might already be reflected in the share price. However, given how much of Celestica’s growth is tied to a handful of hyperscaler customers, investors should be aware of... Read the full narrative on Celestica (it's free!) Celestica's narrative projects $37.5 billion revenue and $2.3 billion earnings by 2029. Uncover how Celestica's forecasts yield a CA$648.86 fair value, a 21% upside to its current price. Eleven fair value estimates from the Simply Wall St Community span roughly CA$285 to CA$666 per share, reflecting very different views on Celestica’s upside. Set against this, the heavy rev...

Science Applications International SAIC reported better-than-expected results for the first quarter of fiscal 2027, wherein both top and bottom lines surpassed the Zacks Consensus Estimate. SAIC’s non-GAAP earnings of $3.23 per share beat the Zacks Consensus Estimate of $2.26 by 42.9%. The bottom line increased 68.2% from the year-ago quarter’s earnings of $1.92. Science Applications' fiscal first-quarter revenues increased 1.5% year over year to $1.91 billion and surpassed the Zacks Consensus Estimate of $1.78 billion by 6.9%. Science Applications International Corporation price-consensus-eps-surprise-chart | Science Applications International Corporation Quote Segment-wise, revenues from Defense and Intelligence, which accounted for 76.9% of revenues, totaled $1.47 billion and increased 2.3% year over year. Civilian revenues, which constitute 23.1% of revenues, totaled $440 million and decreased 0.9% year over year. Net bookings were approximately $2.1 billion in the first quarter, which reflected a book-to-bill ratio of 1.1. The company’s trailing 12-month book-to-bill ratio was 1.0 at the end of the fiscal first quarter. SAIC’s estimated backlog at the end of the quarter was approximately $22.9 billion. Of the total backlog amount, approximately $3.7 billion was funded. Selling, general and administrative (SG&A) expenses decreased 6.7% to $83 million. SG&A expenses, as a percentage of revenues, declined to 4.4% from 4.7% in the year-ago quarter. Non-GAAP operating income increased year over year to $221 million from the year-ago quarter’s operating income of $158 million. The non-GAAP operating margin expanded 320 basis points (bps) year over year to 11.6%. Adjusted EBITDA rose 41% to $222 million. Adjusted EBITDA margin for the quarter was 11.6% compared with 8.4% in the prior-year quarter. Science Applications ended the fiscal first quarter with cash and cash equivalents of $109 million, significantly down from the previous quarter’s $182 million. As of May 1, 2026, Science Applications’ long-term debt (net of the current portion) was $2.46 billion compared with $2.47 billion as of Jan. 30, 2026. The company generated operating and free cash flows of $127 million and $118 million, respectively, in the fiscal first quarter. During the fiscal first quarter, Science Applications repurchased shares worth $175 million and paid $17 million in dividends. Scie...

Viasat, Inc. VSAT reported relatively lackluster fourth-quarter fiscal 2026 results, with both top and bottom lines missing the Zacks Consensus Estimate.The company’s year-over-year revenue growth was driven by higher demand for satellite broadband and communication services, expanding government and defense contracts, and continued investments in advanced satellite and direct-to-device connectivity solutions. However, higher operating costs and ongoing investments in satellite infrastructure hurt its bottom line. Viasat reported a net income of $58.8 million, or 41 cents per share, against a net loss of $246.1 million, or a loss of $1.89 per share, in the prior-year quarter. The growth was primarily due to lower selling, general and administrative expenses and higher other income during the quarter.Excluding non-recurring items, Viasat reported a non-GAAP net loss of $3.2 million, or a loss of 2 cents per share, compared to a net loss of $3 million, or a loss of 2 cents per share, in the prior-year period. The bottom line missed the Zacks Consensus Estimate by 27 cents.For 2026, the company reported a net loss of $34.1 million or a loss of 25 cents per share compared with a net loss of $575 million or a loss of $4.48 per share in 2025. Non-GAAP net income for 2026 was $143.3 million or $1.03 per share compared with $21.1 million or 16 cents per share in 2025. Viasat Inc. price-consensus-eps-surprise-chart | Viasat Inc. Quote Revenues rose to $1.17 billion, up from $1.15 billion. The figure missed the consensus estimate of $1.2 billion. Product revenues were $367.6 million, up from $349.7 million in the year-ago quarter. Net sales from Service increased to $803.7 million from $797.4 million a year ago. For 2026, revenues increased to $4.64 billion from $4.52 billion in 2025.Revenues from the Communication Services segment were $810.3 million, down from $825 million in the prior-year quarter. The segment’s adjusted EBITDA decreased to $287.3 million from $306.2 million.Revenues from the Defense and Advanced Technologies (DAT) segment were $361 million, up 12% year over year. The growth is primarily driven by strong demand for encryption devices, next-generation cybersecurity and defense programs, and large antenna production for space-based Earth Observation and intelligence, Surveillance, and Reconnaissance missions. Adjusted EBITDA increased to $82.5 millio...

Okta OKTA posted first-quarter fiscal 2027 earnings of 91 cents per share, up 5.8% year over year, and surpassed the Zacks Consensus Estimate by 6.75%. Revenues rose 11.2% from the year-ago quarter to $765 million, beating the Zacks Consensus Estimate by 1.82%. The uptick can be attributed to steady subscription momentum, which increased 11% year over year to $750 million, continuing to account for the vast majority of the top line. Professional services and other revenues were $15 million, unchanged from the year-ago quarter, underscoring how product-led growth is driving the quarter’s revenue cadence. Location-wise, revenues from the United States contributed 83% to total revenues in the fiscal first quarter. The figure increased 11.15% year over year to $608 million. International revenues contributed 21.6% to total revenues. The figure increased 11.35% year over year to $157 million.Okta stock gained 8.19% in the pre-market trading. Okta, Inc. price-consensus-eps-surprise-chart | Okta, Inc. Quote Okta ended the quarter with remaining performance obligations (RPO) of $4.719 billion, up 16% year over year, highlighting continued strength in contracted subscription backlog. Current RPO, which captures the portion expected to be recognized over the next 12 months, rose 12% year over year to $2.499 billion. Customers with more than $100K in Annual Contract Value increased 6% year over year to 5,180. The dollar-based retention rate for the trailing 12 months was 107%, down 1% year over year. First-quarter fiscal 2026 non-GAAP gross margin decreased 30 basis points (bps) on a year-over-year basis to 82%.As a percentage of revenues, research and development expenses increased 40 bps year over year to 15.9%. General and administrative expenses decreased 170 bps year over year to 9%. Sales and marketing expenses increased 290 bps year over year to 31.6%.Non-GAAP operating margin contracted 180 bps year over year to 25% in the reported quarter. Okta had $2.589 billion in cash, cash equivalents and short-term investments as of April 30, 2026.Net cash provided by operating activities was $277 million, or 36% of revenue, while free cash flow was $271 million, or 35% of revenue.In the first quarter of fiscal 2027, the company also returned capital to shareholders during the quarter, including $248 million of common stock repurchases. For the second quarter of fiscal 20...

Elastic N.V. ESTC reported fourth-quarter fiscal 2026 non-GAAP earnings of 61 cents per share, which beat the Zacks Consensus Estimate by 8.9%. The figure increased 29.8% year over year. Elastic’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 19%. Revenues of $451 million beat the Zacks Consensus Estimate by 1%. The figure rose 16% year over year on a reported basis and 14% on a constant-currency (cc) basis. Customers with ACV above $100,000 ended the quarter at more than 1,720, underscoring continued enterprise traction. Elastic N.V. price-consensus-eps-surprise-chart | Elastic N.V. Quote Subscription revenues remained the company's core barometer of health, totaling $422.4 million, up 16.8% year over year and representing 94% of total revenues. Within that, sales-led subscription revenues (subscription revenues excluding Monthly Elastic Cloud) rose 19% year over year to $374.7 million, reflecting strength in larger, sales-driven engagements. Cloud continued to expand as a meaningful contributor. Annual Elastic Cloud revenues were $169.6 million, up 26% year over year. Monthly Elastic Cloud revenues were $47.8 million, up 3% year over year, keeping total Elastic Cloud at $217.4 million, or 48% of total revenues. Professional services revenues were $28.2 million, up 6% year over year and representing 6.3% of total revenues. Non-GAAP gross margin was 77.5% (up roughly 50 bps year over year) and non-GAAP operating margin was 14.8% (down approximately 50 bps). Current remaining performance obligations were $1.203 billion, up 20% year over year, while total remaining performance obligations reached $1.982 billion, up 28% year over year. Cash, cash equivalents and marketable securities totaled $1.37 billion as of April 30, 2026, against total debt of $570.9 million. Operating cash flow was $152.7 million, and adjusted free cash flow was $149.8 million, implying a 33% adjusted free cash flow margin for the quarter. In the fourth quarter of fiscal 2026, Elastic repurchased about 0.7 million shares at an average price of $61.28 for roughly $40 million. In fiscal 2026, the company repurchased about 4.4 million shares at an average price of $76.91, representing approximately $340 million in aggregate repurchases under its $500 million authorization. For the first quarter of fiscal 2027, Elastic expect...

Marvell Technology MRVL came out with first-quarter fiscal 2027 earnings of 80 cents per share, in line with the Zacks Consensus Estimate. The company reported earnings of 62 cents per share a year ago. The bottom line increased 29% year over year. Marvell Technology’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters, while missing the same on two occasions, with an average surprise of 0.4%. MRVL’s first-quarter fiscal 2027 revenues of $2.42 billion surpassed the Zacks Consensus Estimate by 0.59%. MRVL reported revenues of $1.90 billion in the year-ago quarter. The top-line record was built on demand in both reported end markets. Data center revenues increased 27% year over year and 11% sequentially to $1.83 billion. Communications and other revenues were $585 million, up 29% year over year and 3% sequentially. Marvell Technology, Inc. price-consensus-eps-surprise-chart | Marvell Technology, Inc. Quote Management pointed to “exceptional AI-related bookings” across its data center lineup and guided for continued sequential acceleration as fiscal 2027 progresses. The message was that AI buildout is pulling through multiple product families, including optical interconnect, custom silicon and switching. Marvell Technology emphasized strength in 800G PAM4 products, a quick ramp of 1.6T solutions and expanding traction in Ethernet switching as networking becomes more critical in larger AI clusters. The company also said the shift toward larger, multi-site AI systems is increasing the importance of data center interconnect modules. Strategically, MRVL highlighted an expanded partnership with NVIDIA across optics, NVLink Fusion integration and AI-RAN, intended to connect its custom silicon and optical networking capabilities into the NVIDIA ecosystem. Management said it has a line of sight to a $1 billion annualized DCI module revenue run rate during fiscal 2028. MRVL reported non-GAAP gross margin of 58.9%. Non-GAAP operating margin was 35.0%, supported by $846.9 million of non-GAAP operating income. MRVL’s non-GAAP operating expenses were $576.9 million as the company continued investing in AI growth priorities. Operating cash flow was a record $638.8 million in the quarter. Cash and cash equivalents ended the period at $3.84 billion compared with $2.64 billion posted on Jan. 31, 2026. MRVL’s total debt stood at $4.96 billion. M...