Magna International Narrows FY2026 Adj EPS Guidance from $6.70-$7.30 to $6.85-$7.15 vs $6.73 Est; Lowers FY2026 Sales Guidance from $41.300B-$42.500B to $41.200B-$42.000B vs $42.309B Est
Magna International (TSX:MG) narrows FY2026 Adj EPS guidance from $6.70-$7.30 to $6.85-$7.15 vs $6.73 analyst estimate. Lowers FY2026 sales outlook from $41.300 billion-$42.500 billion to $41.200 billion-$42.000 billion
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Why It Matters
Magna narrowed its profit and sales expectations for next year. This shows the company sees slightly tougher conditions ahead than it did before.
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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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