JR Research is an opportunistic investor. He was recognized by TipRanks as a Top Analyst. He was also recognized by Seeking Alpha as a "Top Analyst To Follow" for Technology, Software, and Internet, as well as for Growth and GARP. He identifies attractive risk/reward opportunities supported by robust price action to potentially generate alpha well above the S&P 500. He has also demonstrated outperformance with his picks. He focuses on identifying growth investing opportunities that present the most attracti ...

TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX:CLS) (NYSE:CLS) ("Celestica" or the "Company"), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced that the Annual and Special Meeting of its Shareholders (the "Meeting") will be held on Tuesday, June 17, 2025 at 9:30 a.m. EDT in a hybrid format, with further details to be provided in the Company's upcoming definitive proxy statement related to the Meeting. R ...

Celestica Inc. (CLS) recorded relatively modest fourth-quarter 2024 results, wherein adjusted earnings matched the Zacks Consensus Estimate while revenues missed the same. Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Toronto-based electronics manufacturing service provider reported revenue growth year over year, backed by stronger-than-expected growth in the Connectivity & Cloud Solutions (CCS) segment. Management’s strong emphasis on innovation, product diversification and AI ...

Despite quite a volatile beginning of this week for almost all North American stocks with strong AI exposure, Celestica (NYSE: CLS ) (TSX: CLS:CA ) demonstrated a rapid rebound. By the way, the share price has almost doubled sinceAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and actively seek out opportunit ...

Forward-looking statements are not guarantees of future performance and are subject to risks that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including, among others, risks related to: customer and segment concentration; reduction in customer revenue; erosion in customer market competitiveness; changing revenue mix and margins; uncertain market, industry, political and economic conditions; changes to policies or legislation; operational ...

Michael Wiggins De Oliveira is an inflection investor. This means buying into cheap companies at the moment when their narrative is changing and the business is on a path toward becoming significantly more profitable over the next year.With a focus on tech and “the Great Energy Transition (including uranium)”, Michael runs a concentrated portfolio with approximately 15 to 20 stocks and an average holding period of 18 months. Through his 10+ years analyzing countless companies, Michael has accumulated outsta ...

Celestica (CLS) came out with quarterly earnings of $1.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.76 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this electronics manufacturing services company would post earnings of $0.94 per share when it actually produced earnings of $1.04, delivering a surprise of 10.64%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.C ...

Financial Performance - Q4 2024 revenue reached $2.55 billion, a 19% increase year-over-year from $2.14 billion in Q4 2023[3] - Non-GAAP adjusted EPS for Q4 2024 was $1.11, the highest quarterly EPS ever, compared to $0.77 in Q4 2023, reflecting a 44% year-over-year growth[3][6] - For the full year 2024, Celestica achieved a revenue of $9.65 billion, a 21% increase from $7.96 billion in 2023, with non-GAAP adjusted EPS growing 58% to $3.88[13] - GAAP revenue for Q4 2024 was $2,545.7 million, a 19% increase from $2,140.5 million in Q4 2023[46] - GAAP net earnings for the year ended December 31, 2024, reached $428.0 million, up 75% from $244.4 million in 2023[46] - GAAP earnings per share (EPS) for Q4 2024 was $1.29, compared to $0.77 in Q4 2023[46] - Adjusted EPS (non-GAAP) for the year ended December 31, 2024, was $3.88, up from $2.46 in 2023[46] - Net earnings for the year ended December 31, 2024, were $428.0 million, compared to $244.4 million in 2023, representing a 75.0% increase[56] - Net earnings for Q4 2024 were $151.7 million, a 65.7% increase from $91.6 million in Q4 2023[58] Segment Performance - The Connectivity & Cloud Solutions (CCS) segment revenue was $1.74 billion, a 30% increase compared to Q4 2023, with a segment margin of 7.9%[9] - Hardware Platform Solutions (HPS) revenue was $0.8 billion, a significant 65% increase year-over-year[9] Guidance and Outlook - The company raised its 2025 revenue outlook to $10.7 billion from $10.4 billion, and adjusted EPS outlook to $4.75 from $4.42[4][12] - Q1 2025 guidance estimates revenue between $2.475 billion and $2.625 billion, with adjusted EPS projected between $1.06 and $1.16[5] Cash Flow and Investments - Free cash flow for 2025 is projected at $350 million, up from a previous outlook of $325 million[12] - Free cash flow (non-GAAP) for the year ended December 31, 2024, was $305.9 million, an increase from $203.8 million in 2023[46] - Cash provided by operating activities for the year ended December 31, 2024, was $473.9 million, up 45.2% from $326.2 million in 2023[58] - Net cash used in investing activities for the year was $212.5 million, compared to $122.4 million in 2023, indicating a 73.7% increase[58] - Cash and cash equivalents at the end of 2024 were $423.3 million, up from $370.4 million at the end of 2023, representing a 14.3% increase[58] Non-GAAP Measures - Non-GAAP financial measures such as adjusted gross profit, adjusted operating earnings, and free cash flow are used to provide transparency into core operations[26] - Adjusted operating earnings (Adjusted EBIAT) is defined as GAAP earnings from operations excluding specific expenses, and is used to assess core performance[41] - Adjusted net earnings exclude certain expenses and are calculated to assess core operational performance[42] - The company does not provide reconciliations for forward-looking non-GAAP financial measures due to the difficulty in estimating excluded items[29] - Adjusted ROIC is calculated to assess the effectiveness of invested capital in generating earnings[44] - The company highlights the importance of adjusted tax expense and effective tax rate for historical comparisons and forecasting[27] - Restructuring and other charges are excluded from non-GAAP measures as they do not reflect ongoing operating results[35] - The company notes that non-GAAP financial measures may not be directly comparable to similar measures presented by other companies[28] Operational Metrics - The company reported a GAAP gross profit margin of 11.7% for Q4 2024, up from 10.4% in Q4 2023[46] - Adjusted gross profit (non-GAAP) for the year ended December 31, 2024, was $1,019.0 million, representing 10.6% of revenue, compared to $780.3 million or 9.8% in 2023[46] - GAAP ROIC for the year ended December 31, 2024, was 34.0%, compared to 20.1% in 2023[46] - The company's GAAP ROIC for Q4 2024 was 34.0%, up from 20.1% in Q4 2023, showing a significant improvement in return on invested capital[51] Other Financial Metrics - Total assets as of December 31, 2024, were $5,988.2 million, an increase from $5,890.5 million in 2023[54] - Average net invested capital for Q4 2024 was $2,386.7 million, up from $2,176.9 million in Q4 2023, indicating a 9.6% increase[51] - Total depreciation and amortization increased to $151.9 million in 2024 from $130.8 million in 2023, reflecting a 16.1% rise[58] - Interest paid decreased to $52.9 million in 2024 from $68.8 million in 2023, a reduction of 23.0%[58] - Net income taxes paid increased to $106.3 million in 2024, compared to $78.4 million in 2023, marking a 35.6% increase[58] Shareholder Activities - The company repurchased $152.0 million in capital stock for cancellation during the year, compared to $35.6 million in 2023, indicating a substantial increase in share repurchase activity[58]

Q4 2024 adjusted EPS* above the high end of the guidance range; Raising 2025 annual outlook(All amounts in U.S. dollars) TORONTO, Jan. 29, 2025 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended December 31, 2024 (Q4 2024)1. Reported results in accordance with U.S. GAAP (GAAP), transitioning from IFRS. Q4 2024 Highlights R ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...