Magna International Raises FY2026 Adj EPS Guidance from $6.25-$7.25 to $6.70-$7.30 vs $6.71 Est; Lowers FY2026 Sales Guidance from $41.500B-$43.100B to $41.300B-$42.500B vs $42.512B Est
Magna International (NYSE:MGA) raises FY2026 Adj EPS guidance from $6.25-$7.25 to $6.70-$7.30 vs $6.71 analyst estimate. Lowers FY2026 sales outlook from $41.500 billion-$43.100 billion to $41.300 billion-$42.500
Magna says it will make more profit per share than before, but it expects to sell less stuff overall. When a company makes better profits with lower sales, it means they're getting smarter about spending money.
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