Magna International (MGA) Tops Q2 EPS by 27c; raises FY23 outlook

Magna International (NYSE: MGA) reported Q2 EPS of $1.50, $0.27 better than the analyst estimate of $1.23. Revenue for the quarter came in at $11 billion versus the consensus estimate of $10.44 billion.

GUIDANCE:

Magna International sees FY2023 revenue of $41.9-43.5 billion, versus the consensus of $41.67 billion.

For earnings history and earnings-related data on Magna International (MGA) click here.

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