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Earnings

Magna Narrows FY26 Adj EPS View To $6.85-$7.15, Prior $6.70-$7.30; Cuts Sales View To $41.2B-$42.0B, Prior $41.3B-$42.5B

Oct 30, 2026 · 05:00 AM ET· updated 3h ago

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Why It Matters

Magna lowered its money-making forecast for next year slightly. This tells us the car parts company sees a bit tougher road ahead.

This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.

Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.

Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.