Magna International Inc reports results for the quarter ended June 30 - Earnings Summary

Magna International

31/07/2026 19:03

Magna International Inc MG.TO reported quarterly adjusted earnings of $1.86​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.44.  The mean expectation of fifteen analysts for the quarter was for earnings of $1.50 per share. Wall Street expected results to range from $1.41  to $1.59 per share.
Revenue rose 3.3% to $10.98 billion from a year ago; analysts expected $10.70 billion. 
Magna International Inc's reported EPS for the quarter was $1.72​.
The company reported quarterly net income of $469 million.
Magna International Inc shares had risen by 5.0% this quarter and gained 33.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.6% in the last three months.​ 
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is  "buy."
This summary was machine generated from LSEG data July 31 at 06:03 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
1.50
1.86
Beat
Mar. 31 2026 
1.01
1.38
Beat
Dec. 31 2025 
1.79
2.18
Beat
Sep. 30 2025 
1.21
1.33
Beat