Magna Announces Third Quarter 2021 Results

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Go back to Magna Announces Third Quarter 2021 Results

Magna International (MGA) Misses Q3 EPS by 103c

November 5, 2021 6:13 AM EDT

Magna International (NYSE: MGA) reported Q3 EPS of $0.56, $1.03 worse than the analyst estimate of $1.59. Revenue for the quarter came in at $7.9 billion versus the consensus estimate of $9.31 billion.

GUIDANCE:

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