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

$41.98
-0.13 (-0.31%)
(As of 10/25/2024 08:57 PM ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 1
Before Market Opens
Confirmed
Actual EPS
(Aug. 2)
$1.35 Missed By -$0.11
Consensus EPS
(Aug. 2)
$1.46
Skip Charts & View Estimated and Actual Earnings Data

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$1.48$1.85$1.67 
FY 20248$6.07$7.15$6.61 
Q1 20252$1.68$1.74$1.71 
Q2 20252$1.82$1.85$1.84 
Q3 20252$1.75$1.83$1.79 
Q4 20251$1.68$1.68$1.68 
FY 20257$6.93$7.10 $7.02

MGA Earnings Date and Information

Magna International last announced its quarterly earnings results on August 2nd, 2024. The reported $1.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.46 by $0.11. The business had revenue of $10.96 billion for the quarter, compared to analysts' expectations of $11.01 billion. Its revenue for the quarter was down .2% on a year-over-year basis. Magna International has generated $3.43 earnings per share over the last year ($3.43 diluted earnings per share) and currently has a price-to-earnings ratio of 12.2. Earnings for Magna International are expected to grow by 18.70% in the coming year, from $5.40 to $6.41 per share. Magna International has confirmed that its next quarterly earnings report will be published on Friday, November 1st, 2024. Magna International will be holding an earnings conference call on Friday, November 1st at 8:00 AM Eastern. Interested parties can register for or listen to the call..

Magna International Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
11/1/2024
(Confirmed)
-------  
8/2/2024Q2 2024$1.46$1.35($0.11)$1.61$11.01 billion$10.96 billion  
5/3/2024Q1 2024$1.26$1.08($0.18)$2.13$10.97 billion$10.97 billion    
2/9/2024Q4 2023$1.46$1.33($0.13)$1.72$10.44 billion$10.45 billion    
11/3/2023Q3 2023$1.34$1.46+$0.12$1.55$10.43 billion$10.69 billion    
8/4/2023Q2 2023$1.23$1.50+$0.27$1.82$10.45 billion$10.98 billion    
5/5/2023Q1 2023$0.95$1.11+$0.16$1.49$9.90 billion$10.67 billion    
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2/10/2023Q4 2022$1.24$0.91($0.33)$1.49$9.51 billion$9.57 billion    
11/4/2022Q3 2022$1.13$1.07($0.06)$1.14$9.34 billion$9.27 billion
7/29/2022Q2 2022$0.93$0.83($0.10)$2.20$8.66 billion$9.36 billion
4/29/2022Q1 2022$1.05$1.28+$0.23$1.34$9.03 billion$9.64 billion  
2/11/2022Q4 2021$0.83$1.30+$0.47$1.06$8.92 billion$9.11 billion  
11/5/2021Q3 2021$0.75$0.56($0.19)$1.08$7.85 billion$7.92 billion    
8/6/2021Q2 2021$1.44$1.40($0.04)$1.40$9.28 billion$9.03 billion    
5/6/2021Q1 2021$1.57$1.86+$0.29$1.69$9.69 billion$10.18 billion  
2/18/2021Q4 2020$2.03$2.83+$0.80$3.21$10.22 billion$10.57 billion  
11/6/2020Q3 2020$1.35$1.95+$0.60$2.55$9.11 billion$9.13 billion  
8/7/2020Q2 2020($2.03)($1.71)+$0.32($1.25)$4.15 billion$4.29 billion  
5/7/2020Q1 2020$0.74$0.86+$0.12$0.86$8.45 billion$8.66 billion  
2/21/2020Q4 2019$1.32$1.41+$0.09$1.39$9.11 billion$9.40 billion  
11/8/2019Q3 2019$1.38$1.41+$0.03$3.57$9.32 billion$9.32 billion  

Magna International Earnings - Frequently Asked Questions

When is Magna International's earnings date?

Magna International has confirmed that its next quarterly earnings data will be published on Friday, November 1st, 2024. Learn more on MGA's earnings history.

What guidance has Magna International issued on next quarter's earnings?

Magna International updated its FY 2024 earnings guidance on Friday, August, 2nd. The company issued revenue guidance of $42.5 billion-$44.1 billion, compared to the consensus revenue estimate of $43.3 billion.

Did Magna International beat their earnings estimates last quarter?

In the previous quarter, Magna International (NYSE:MGA) missed the analysts' consensus estimate of $1.46 by $0.11 with a reported earnings per share (EPS) of $1.35. Learn more on analysts' earnings estimate vs. MGA's actual earnings.

How can I listen to Magna International's earnings conference call?

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

How much revenue does Magna International generate each year?

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

How much profit does Magna International generate each year?

Magna International (NYSE:MGA) has a recorded net income of $1.21 billion. MGA has generated $3.43 earnings per share over the last four quarters.

What is Magna International's price-to-earnings ratio?

Magna International (NYSE:MGA) has a trailing price-to-earnings ratio of 12.24 and a forward price-to-earnings ratio of 7.77. The price/earnings-to-growth ratio is 0.67.

What is Magna International's EPS forecast for next year?

Magna International's earnings are expected to grow from $5.40 per share to $6.41 per share in the next year, which is a 18.70% increase.


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This page (NYSE:MGA) was last updated on 10/28/2024 by MarketBeat.com Staff
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