Free Trial

Magna International Q2 2023 Earnings Report

Magna International logo
$40.35 -0.22 (-0.54%)
As of 01/17/2025 03:59 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

Magna International EPS Results

Actual EPS
$1.50
Consensus EPS
$1.23
Beat/Miss
Beat by +$0.27
One Year Ago EPS
$0.83

Magna International Revenue Results

Actual Revenue
$10.98 billion
Expected Revenue
$10.45 billion
Beat/Miss
Beat by +$534.20 million
YoY Revenue Growth
+17.30%

Magna International Announcement Details

Quarter
Q2 2023
Time
Before Market Opens

MGA Upcoming Earnings

Magna International will be holding an earnings conference call on Friday, February 14 at 8:00 AM Eastern. Interested parties can register for or listen to the call or dial in at 609-800-9909 using passcode "9829976".

Magna International Earnings Headlines

Vladimir Lenin was right…
The Magnificent 7 could be in for a world of pain… And the insiders know it. It’s why Jeff Bezos just sold $3 billion of Amazon… it’s why Nvidia’s CEO just sold $713 million... and it’s why Zuckerberg just sold $1.3 billion in Meta stock. The financial establishment doesn’t want you to know about this… but a controversial new documentary just pulled back the curtain and exposed what’s really going on. It’s called The Final Frontier.
Scotiabank Expects Higher Earnings for Magna International
Scotiabank Expects Lower Earnings for Magna International
See More Magna International Headlines
Get Earnings Announcements in your inbox

Want to stay updated on the latest earnings announcements and upcoming reports for companies like Magna International? Sign up for Earnings360's daily newsletter to receive timely earnings updates on Magna International and other key companies, straight to your email.

About Magna International

Magna International (NYSE:MGA) designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, side doors, and greenhouse products. The Power & Vision segment offers electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; far camera module, remote camera heads, interior sensing camera, radars, thermal sensing, and domain controllers; interior and exterior mirrors, camera monitoring system driver/occupant monitoring systems, and smart actuators; forward and rear lighting, and lit grilles/panels/displays; latching system, door modules, charge port doors, power system, hinges, and door handles; and modular and textile folding roofs, and hard and soft tops. The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products. The Complete Vehicles segment offers vehicle engineering and manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

View Magna International Profile

More Earnings Resources from MarketBeat