Magna International MGA is set to give its latest quarterly earnings report on Friday, 2025-05-02. Here's what investors need to know before the announcement.
Analysts estimate that Magna International will report an earnings per share (EPS) of $0.86.
The announcement from Magna International is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
Last quarter the company beat EPS by $0.17, which was followed by a 0.0% drop in the share price the next day.
Here's a look at Magna International's past performance and the resulting price change:
Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
---|---|---|---|---|
EPS Estimate | 1.52 | 1.41 | 1.44 | 1.25 |
EPS Actual | 1.69 | 1.28 | 1.35 | 1.08 |
Price Change % | -5.0% | 6.0% | -6.0% | -4.0% |
Tracking Magna International's Stock Performance
Shares of Magna International were trading at $34.76 as of April 30. Over the last 52-week period, shares are down 24.3%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
To track all earnings releases for Magna International visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
Edge Rankings
Price Trend
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.