Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%

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Go back to Magna Announces Fourth Quarter and 2018 Results and Raises Quarterly Cash Dividend by 11%

Magna International (MGA) Tops Q4 EPS by 3c, Revenues Miss; Affirms FY19 Revenue Outlook

February 22, 2019 5:46 AM EST

Magna International (NYSE: MGA) reported Q4 EPS of $1.63, $0.03 better than the analyst estimate of $1.60. Revenue for the quarter came in at $10.1 billion versus the consensus estimate of $10.2 billion.

Record fourth quarter sales of $10.1 billion up 5% from the fourth quarter of... More