Magna International MGA reported its Q2 earnings results on Friday, July 29, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Magna International missed estimated earnings by 47.8%, reporting an EPS of $0.83 versus an estimate of $1.59.
Revenue was up $328.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.31 which was followed by a 3.48% drop in the share price the next day.
Here's a look at Magna International's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
To track all earnings releases for Magna International visit their earnings calendar here.
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