Magna International (MGA) Tops Q3 EPS by 5c, Revenues Miss; Lowers FY18 Revenue Mid-Point Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
Magna Reports Record Third Quarter Results
November 8, 2018 5:00 AM ESTRecord third quarter sales, up 9% year over year to $9.6 billionRecord third quarter diluted earnings per share of $1.62, increased 17%Record third quarter Adjusted diluted earnings per share of $1.56, up 12%Â Returned $629 million to shareholders through share repurchases and dividendsReduced top end of outlook ranges for Total Sales, Adjusted Net Income attributable to Magna and revised outlook for Adjusted EBIT margin
AURORA, Ontario, Nov. 08, 2018 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the third quarter ended September 30, 2018.  Please... More

