Magna Announces First Quarter Results

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Go back to Magna Announces First Quarter Results

Magna Int'l (MGA) Tops Q1 EPS by 19c

May 11, 2017 8:01 AM EDT

Magna Int'l (NYSE: MGA) reported Q1 EPS of $1.53, $0.19 better than the analyst estimate of $1.34. Revenue for the quarter came in at $9.37 billion versus the consensus estimate of $9.15 billion.

First quarter record sales, up 5% to $9.37 billionAdjusted EBIT and Adjusted EBIT percentage of sales... More