Magnera Corp reports results for the quarter ended March 31 - Earnings Summary
07/05/2025 14:31
Magnera Corp MAGN.N reported a quarterly adjusted loss of $1.15 per share for the quarter ended March 31. The mean expectation of two analysts for the quarter was for earnings of 20 cents per share. Wall Street expected results to range from 5 cents to 35 cents per share. Revenue was $824.00 million; analysts expected $842.00 million. Magnera Corp's reported EPS for the quarter was a loss of $1.15. The company reported a quarterly loss of $41 million. Magnera Corp shares had fallen by 16.5% this quarter and lost 16.5% so far this year. FORECAST CHANGES The mean earnings estimate of analysts had risen by about 1,900% in the last three months. In the last 30 days, there have been no earnings estimate revisions by analysts covering the company. RECOMMENDATIONS The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the textiles & leather goods peer group is "hold." Wall Street's median 12-month price target for Magnera Corp is $20.00 This summary was machine generated from LSEG data May 7 at 01:31 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 |
| Mar. 31 2025 | 0.20 | -1.15 | Missed |