Q: Could you please comment on the quarterly results and guidance.
Do you expect market to like it ?
Thanks
Do you expect market to like it ?
Thanks
5i Research Answer:
CLS beat estimate across the board, and raised guidance. But, the stock has been so strong some profit taking is occurring post earnings, at least initially. EPS of $1.89 beat estimates of $1.77; revenue of $3.66B beat estimates of $3.48B. Guidance for Q1 goes to $1.95 to $2.15 EPS (estimates $1.82). Sales guidance $3.85B to $4.15B (estimate $3.63). 2026 guidance rises to $8.20 to $8.75 (estimates $8.41). On an early blush we do not see much wrong with the quarter, but we will need to get into more detail tonight. The stock is up 114% in a year so investors were certainly expecting good news. We think investors will get back to the fundamentals, which continue to look solid.