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Magna International (MGA) Earnings Date, Estimates & Call Transcripts

Magna International logo
$42.22 +0.94 (+2.28%)
(As of 12/20/2024 05:31 PM ET)

Magna International Latest Earnings Summary

Actual EPS
(Nov. 1)
$1.28 Missed By -$0.20
Consensus EPS
(Nov. 1)
$1.48

Magna International posted Q3 2024 earnings on November 1, 2024, reporting an EPS of $1.28, which missed the consensus estimate of $1.48 by $0.20. Quarterly revenue fell 3.8% year-over-year to $10.28 billion, below the consensus estimate of $10.34 billion. With a trailing EPS of $3.74 and a P/E Ratio of 11.29, Magna International's earnings are expected to grow 16.28% next year, from $5.22 to $6.07 per share.

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MGA Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGA Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Magna International Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$1.41$1.72$1.57 
Q2 20242$1.64$1.80$1.72 
Q3 20242$1.54$1.78$1.66 
Q4 20242$1.35$1.85$1.60 
FY 20248$5.94$7.15$6.55 
Q1 20252$1.54$1.74$1.64 
Q2 20252$1.62$1.85$1.74 
Q3 20252$1.51$1.83$1.67 
Q4 20251$1.50$1.50$1.50 
FY 20257$6.17$6.92 $6.55

Magna International Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/1/2024Q3 2024$1.48$1.28 -$0.20$0.88$10.34B$10.28B
8/2/2024Q2 2024$1.46$1.35 -$0.11$1.61$11.01B$10.96B
5/3/2024Q1 2024$1.26$1.08 -$0.18$2.13$10.97B$10.97B
2/9/2024Q4 2023$1.46$1.33 -$0.13$1.72$10.44B$10.45B
11/3/2023Q3 2023$1.34$1.46+$0.12$1.55$10.43B$10.69B
8/4/2023Q2 2023$1.23$1.50+$0.27$1.82$10.45B$10.98B
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5/5/2023Q1 2023$0.95$1.11+$0.16$1.49$9.90B$10.67B
2/10/2023Q4 2022$1.24$0.91 -$0.33$1.49$9.51B$9.57B

Magna International Earnings - Frequently Asked Questions

Magna International (NYSE:MGA) last announced its quarterly earning data on Friday, November 1, 2024. Learn more on MGA's earnings history.

Magna International updated its FY 2024 earnings guidance on Friday, November, 1st. The company issued revenue guidance of $42.2 billion-$43.2 billion, compared to the consensus revenue estimate of $42.8 billion.

In the previous quarter, Magna International (NYSE:MGA) missed the analysts' consensus estimate of $1.48 by $0.20 with a reported earnings per share (EPS) of $1.28. Learn more on analysts' earnings estimate vs. MGA's actual earnings.

The conference call for Magna International's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Magna International's latest earnings report can be read online.
Read Transcript

Magna International (NYSE:MGA) has a recorded annual revenue of $42.80 billion.

Magna International (NYSE:MGA) has a recorded net income of $1.21 billion. MGA has generated $3.74 earnings per share over the last four quarters.

Magna International (NYSE:MGA) has a trailing price-to-earnings ratio of 11.29 and a forward price-to-earnings ratio of 8.09. The price/earnings-to-growth ratio is 0.81.

Magna International's earnings are expected to grow from $5.22 per share to $6.07 per share in the next year, which is a 16.28% increase.

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This page (NYSE:MGA) was last updated on 12/22/2024 by MarketBeat.com Staff
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