Magna Announces Second Quarter 2021 Results

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Magna International (MGA) Misses Q2 EPS by 7c

August 6, 2021 5:42 AM EDT

Magna International (NYSE: MGA) reported Q2 EPS of $1.40, $0.07 worse than the analyst estimate of $1.47. Revenue for the quarter came in at $9.03 billion versus the consensus estimate of $9.37 billion.

GUIDANCE:

Magna International sees FY2021 revenue of $38-39.5 billion, versus the consensus of... More