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S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Biden Out, _______ In? (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Biden Out, _______ In? (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000
S&P 500   5,026.61
DOW   38,671.69
QQQ   437.05
Israel's finance minister blasts Moody's downgrade of the the country's credit rating
New Trump Bombshell (Ad)
FMC stock just set a new ceiling higher, 50% higher indeed
Mardi Gras beads are creating a plastic disaster in New Orleans. Are there green alternatives?
Biden Out, _______ In? (Ad)
Super Bowl Live Updates | 49ers are Super Bowl favorites in 2025
Airbnb stock bulls just went all in before earnings
Biden Out, _______ In? (Ad)
Recession risks are fading, business economists say, but political tensions pose threat to economy
Stock market today: World shares mostly higher after S&P 500 tops 5,000

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

$54.69
-3.99 (-6.80%)
(As of 02/9/2024 08:56 PM ET)
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Earnings Summary

Upcoming
Earnings Date
May. 3Estimated
Actual EPS
(Feb. 9)
$1.33 Missed By -$0.13
Consensus EPS
(Feb. 9)
$1.46
Read Call Transcript
Listen to Call
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Earnings Per ShareRevenue

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$1.65$1.78$1.72 
Q4 20242$1.59$1.85$1.72 
FY 20248$6.29$7.15$6.72 
Q1 20251$1.74$1.74$1.74 
Q2 20251$1.85$1.85$1.85 
Q3 20251$1.83$1.83$1.83 

MGA Earnings Date and Information

Magna International last posted its quarterly earnings results on February 9th, 2024. The reported $1.33 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.46 by $0.13. The firm earned $10.45 billion during the quarter, compared to analyst estimates of $10.44 billion. Its revenue for the quarter was up 9.3% on a year-over-year basis. Magna International has generated $4.22 earnings per share over the last year ($4.22 diluted earnings per share) and currently has a price-to-earnings ratio of 13.0. Earnings for Magna International are expected to grow by 13.70% in the coming year, from $6.64 to $7.55 per share. Magna International has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, May 3rd, 2024 based off prior year's report dates.

Magna International Earnings History by Quarter

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DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/3/2024
Estimated)		------- 
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    
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  












Magna International Earnings - Frequently Asked Questions

When is Magna International's earnings date?

Magna International has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, May 3rd, 2024 based off last year's report dates. Learn more on MGA's earnings history.

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 $0.13 with a reported earnings per share (EPS) of $1.33. 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 can I read Magna International's conference call transcript?

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

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 $4.22 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 12.96 and a forward price-to-earnings ratio of 8.24. The price/earnings-to-growth ratio is 0.44.

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

Magna International's earnings are expected to grow from $6.64 per share to $7.55 per share in the next year, which is a 13.70% increase.


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This page (NYSE:MGA) was last updated on 2/12/2024 by MarketBeat.com Staff

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