Magna Announces Third Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Magna International (MGA) Tops Q3 EPS by 1c, Revenues Miss; Lowers FY19 Revenue Guidance, 'GM Strike Reduced 3Q Sales'
November 8, 2019 5:48 AM ESTMagna International (NYSE: MGA) reported Q3 EPS of $1.41, $0.01 better than the analyst estimate of $1.40. Revenue for the quarter came in at $9.32 billion versus the consensus estimate of $9.38 billion.
Sales of $9.3 billion decreased 3%, compared to global light vehicle production down 3% Labour strike at General Motors (GM strike) reduced third quarter salesExcluding foreign currency... More