Canada's Martinrea Q4 adjusted EPS beats estimates

Martinrea International

05/03/2026 21:10

Overview

Canada automotive supplier's Q4 revenue missed analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company resumed share buybacks, repurchasing 779,000 shares for C$8 mln

Outlook

Martinrea expects 2026 sales between C$4.5 bln and C$4.9 bln

Company forecasts 2026 adjusted operating income margin of 5.5% to 6.0%

Martinrea anticipates 2026 free cash flow of C$125 mln to C$175 mln

Result Drivers

PRODUCTION VOLUMES - Higher OEM production volumes on certain platforms contributed to increased sales in North America and Europe

ACQUISITION IMPACT - Lyseon North America acquisition added to North America sales

IMPAIRMENT CHARGES - C$39.5 mln impairment charges due to end of OEM program

Company press release: ID:nGNX9fctST

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Miss
C$1.19 bln
C$1.21 bln (5 Analysts)
Q4 Adjusted EPS
Beat
C$0.67
C$0.48 (5 Analysts)
Q4 EPS
C$0.22
Q4 Dividend
C$0.05


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

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

Wall Street's median 12-month price target for Martinrea International Inc is C$13.00, about 22.6% above its March 4 closing price of C$10.60

The stock recently traded at 5 times the next 12-month earnings vs. a P/E of 4 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)