Magna International (MGA) Misses Q4 EPS by 14c; offers 2024, 2026 outlook

Magna International (NYSE: MGA) reported Q4 EPS of $1.33, $0.14 worse than the analyst estimate of $1.47. Revenue for the quarter came in at $10.45 billion versus the consensus estimate of $10.43 billion.

GUIDANCE:

Magna International sees FY2024 revenue of $43.8-45.4 billion, versus the consensus of $45.09 billion.

Magna International sees FY2026 revenue of $48.8-51.2 billion, versus the consensus of $49.59 billion.

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

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