Magna International posted Q4 EPS of $1.33, missing consensus estimate by $0.13, while revenue increased 9.3% YoY to $10.45B.

Magna International released its quarterly earnings results on Friday, reporting $1.33 EPS, missing the consensus estimate of $1.46 by $0.13. The company had revenue of $10.45 billion for the quarter, a 9.3% increase year-over-year. Magna International's return on equity was 13.33%, and its net margin was 2.83%. The company updated its FY 2026 guidance to EPS and its FY 2024 guidance to EPS. Magna International stock opened at $54.69 on Monday, with a 52-week low of $46.71 and a 52-week high of $65.27.

February 12, 2024
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