Auto parts maker Magna's Q3 profit beats; raises 2025 sales forecast

Magna International

31/10/2025 09:10

Overview

Magna Q3 sales rise 2% to $10.5 bln, beating analyst expectations

Adjusted EPS for Q3 beats estimates, rising 4% to $1.33

Company announces plan to repurchase up to 10% of public float

Outlook

Magna raises 2025 sales forecast to $41.1 - $42.1 bln

Company projects 2025 adjusted EBIT margin of 5.4% - 5.6%

Magna anticipates robust free cash flow to support future growth

Result Drivers

SALES GROWTH - Sales increased 2% to $10.5 bln, driven by new program launches and favorable currency exchange rates

ADJUSTED EBIT INCREASE - Adjusted EBIT rose 3% to $613 mln due to productivity improvements and higher equity income

CHALLENGES - End of production for certain models and lower assembly volumes affected sales

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$10.50 bln
$10.13 bln (11 Analysts)
Q3 Adjusted EPS
Beat
$1.33
$1.21 (13 Analysts)

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy."

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX6kNLwX

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)