Canadian Utilities Set for Solid Q2 Results, Analyst Predicts

RBC Capital Markets' Paul Treiber raises Celestica's price target to $185 and expects Q2 results to be largely in line with consensus. CIBC analyst Mark Jarvi expects solid results for regulated utilities and more mixed results from power companies, with possible dividend increases for CWEN and CPX.

Celestica (NYSE: CLS) is set to release its Q2 2025 quarterly earnings results after the market closes on Monday, July 28th. Analysts expect the technology company to post earnings of $1.23 per share and revenue of $2.65 billion for the quarter, in line with its Q2 2025 guidance of 1.170-1.270 EPS [1].

RBC Capital Markets' Paul Treiber recently raised Celestica's price target to $185, expecting the Q2 results to be largely in line with consensus estimates. Treiber's new target is significantly higher than the current consensus target of $121.64, reflecting optimism about the company's performance and growth prospects [1].

CIBC analyst Mark Jarvi expects solid results for regulated utilities, with more mixed results from power companies. Jarvi also anticipates possible dividend increases for CWEN and CPX, driven by strong financial performance and favorable regulatory conditions [2].

Celestica's shares traded down 1.7% on Friday, reaching $160.14, after the company's earnings release on Thursday, April 24th. The company reported $1.20 earnings per share (EPS), beating analysts' consensus estimates of $1.10 by $0.10. Celestica's revenue for the quarter was $2.65 billion, up 19.9% compared to the same quarter last year [1].

The company's stock has a market capitalization of $18.41 billion, a P/E ratio of 44.12, and a beta of 1.81. Analysts have a consensus rating of "Buy" on Celestica, with two investment analysts rating the stock with a hold rating, nine with a buy rating, and two with a strong buy rating [1].

References:
[1] https://www.marketbeat.com/instant-alerts/celestica-cls-to-release-quarterly-earnings-on-wednesday-2025-07-16/
[2] https://www.gurufocus.com/news/2989969/western-alliance-wal-receives-price-target-boost-from-rbc-capital-wal-stock-news