Magna International Q2 Adj. EPS $1.86 Beats $1.61 Estimate, Sales $10.980B Beat $10.701B Estimate
Magna International (NYSE:MGA) reported quarterly earnings of $1.86 per share which beat the analyst consensus estimate of $1.61 by 15.53 percent. This is a 29.17 percent increase over earnings of $1.44 per share from
Magna International made more money than experts thought it would in the last three months. When a company does better than expected, it shows their business is running well and people might feel more confident about them.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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