Magna Int'l (MGA) Tops Q1 EPS by 3c; Updates FY16 Outlook

Magna Int'l (NYSE: MGA) reported Q1 EPS of $1.22, $0.03 better than the analyst estimate of $1.19. Revenue for the quarter came in at $8.9 billion versus the consensus estimate of $8.64 billion.

GUIDANCE:

Magna Int'l sees FY2016 revenue of $35.5-37.2 billion, versus the consensus of $35.6 billion.

For earnings history and earnings-related data on Magna Int'l (MGA) click here.

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