Magna Int'l (MGA) Tops Q2 EPS by 7c
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Magna Int'l (NYSE: MGA) reported Q2 EPS of $1.41, $0.07 better than the analyst estimate of $1.34. Revenue for the quarter came in at $9.44 billion versus the consensus estimate of $9.24 billion.
UPDATED 2016 OUTLOOK
Light Vehicle Production (Units)
$19.4 - $20.0 billion
$8.8 - $9.2 billion
$2.1 - $2.3 billion
Rest of World
$0.3 - $0.4 billion
Total Production Sales
$30.6 - $31.9 billion
Complete Vehicle Assembly Sales
$2.0 - $2.3 billion
$35.5 - $37.2 billion
Interest Expense, net
Approximately $90 million
$1.8 - $2.0 billion
Excluding other expense, net
For earnings history and earnings-related data on Magna Int'l (MGA) click here.
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