Magna Announces First Quarter 2022 Results

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Go back to Magna Announces First Quarter 2022 Results

Magna International (MGA) Misses Q1 EPS by 31c

April 29, 2022 6:06 AM EDT

Magna International (NYSE: MGA) reported Q1 EPS of $1.28, $0.31 worse than the analyst estimate of $1.59. Revenue for the quarter came in at $9.64 billion versus the consensus estimate of $9.31 billion.

GUIDANCE:

Magna International sees FY2022 revenue of $37.3-38.9 billion, versus the consensus... More