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S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions
S&P 500   4,604.37
DOW   36,247.87
QQQ   392.17
MarketBeat Week in Review – 12/4 - 12/8
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
What is carbon capture and why does it keep coming up at COP28?
Polish truck drivers are blocking the border with Ukraine. It's hurting on the battlefield
[Investor Alert] Potential Breakthrough Medical Tech Investment Opportunity (Ad)
Dozens of animals taken from Virginia roadside zoo as part of investigation
Peek inside Joe Biden's campaign fundraisers, where big money mingles with old jokes in swanky homes
New CBOE “special perk” helps traders target income every weekend (Ad)
Military-themed brewery wants to open in a big Navy town. An ex-SEAL is getting in the way
Agriculture gets its day at COP28, but experts see big barriers to cutting emissions

Magna International (MGA) Earnings Date, Estimates & Call Transcripts

$54.92
+0.17 (+0.31%)
(As of 12/8/2023 ET)
Compare
Today's Range
$54.38
▼
$55.41
50-Day Range
$47.65
▼
$56.16
52-Week Range
$46.71
▼
$68.92
Volume
654,420 shs
Average Volume
1.19 million shs
Market Capitalization
$15.73 billion
P/E Ratio
15.21
Dividend Yield
3.35%
Price Target
$66.43
Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media

Earnings Summary

Upcoming
Earnings Date
Feb. 9Estimated
Actual EPS
(Nov. 3)
$1.46 Beat By $0.12
Consensus EPS
(Nov. 3)
$1.34
Read Call Transcript
Listen to Call
Skip Charts & View Estimated and Actual Earnings Data
Earnings Per ShareRevenue

MGA Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

MGA Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Magna International Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20231$0.94$0.94$0.94 
Q2 20231$1.29$1.29$1.29 
Q3 20232$1.22$1.24$1.23 
Q4 20232$1.43$1.51$1.47 
FY 20236$4.88$4.98$4.93 
Q1 20242$1.41$1.72$1.57 
Q2 20242$1.64$1.80$1.72 
Q3 20242$1.65$1.78$1.72 
Q4 20242$1.63$1.85$1.74 
FY 20248$6.33$7.15$6.74 
Q1 20251$1.74$1.74$1.74 
Q2 20251$1.85$1.85$1.85 
Q3 20251$1.83$1.83$1.83 

MGA Earnings Date and Information

Magna International last posted its quarterly earnings results on November 3rd, 2023. The reported $1.46 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.34 by $0.12. The company earned $10.69 billion during the quarter, compared to the consensus estimate of $10.43 billion. Its revenue for the quarter was up 15.3% compared to the same quarter last year. Magna International has generated $3.61 earnings per share over the last year ($3.61 diluted earnings per share) and currently has a price-to-earnings ratio of 15.2. Earnings for Magna International are expected to grow by 23.18% in the coming year, from $5.48 to $6.75 per share. Magna International has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Friday, February 9th, 2024 based off prior year's report dates.

Magna International Earnings History by Quarter

Export to Excel
DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
2/9/2024
Estimated)		------- 
11/3/2023Q3 2023$1.34$1.46+$0.12$1.55$10.43 billion$10.69 billion    
8/4/2023Q2 2023$1.23$1.50+$0.27$1.82$10.45 billion$10.98 billion    
5/5/2023Q1 2023$0.95$1.11+$0.16$1.49$9.90 billion$10.67 billion    
2/10/2023Q4 2022$1.24$0.91($0.33)$1.49$9.51 billion$9.57 billion    
11/4/2022Q3 2022$1.13$1.07($0.06)$1.14$9.34 billion$9.27 billion
7/29/2022Q2 2022$0.93$0.83($0.10)$2.20$8.66 billion$9.36 billion
4/29/2022Q1 2022$1.05$1.28+$0.23$1.34$9.03 billion$9.64 billion    
2/11/2022Q4 2021$0.83$1.30+$0.47$1.06$8.92 billion$9.11 billion    
11/5/2021Q3 2021$0.75$0.56($0.19)$1.08$7.85 billion$7.92 billion    
8/6/2021Q2 2021$1.44$1.40($0.04)$1.40$9.28 billion$9.03 billion    
5/6/2021Q1 2021$1.57$1.86+$0.29$1.69$9.69 billion$10.18 billion  
2/18/2021Q4 2020$2.03$2.83+$0.80$3.21$10.22 billion$10.57 billion  












Magna International Earnings - Frequently Asked Questions

When is Magna International's earnings date?

Magna International has not confirmed its next earnings publication date, but the company's estimated earnings date is Friday, February 9th, 2024 based off last year's report dates. Learn more on MGA's earnings history.

Did Magna International beat their earnings estimates last quarter?

In the previous quarter, Magna International (NYSE:MGA) reported $1.46 earnings per share (EPS) to beat the analysts' consensus estimate of $1.34 by $0.12. Learn more on analysts' earnings estimate vs. MGA's actual earnings.

How can I listen to Magna International's earnings conference call?

The conference call for Magna International's latest earnings report can be listened to online. Listen to Conference Call

How can I read Magna International's conference call transcript?

The conference call transcript for Magna International's latest earnings report can be read online. Read Transcript

How much revenue does Magna International generate each year?

Magna International (NYSE:MGA) has a recorded annual revenue of $37.84 billion.

How much profit does Magna International generate each year?

Magna International (NYSE:MGA) has a recorded net income of $592 million. MGA has generated $3.61 earnings per share over the last four quarters.

What is Magna International's price-to-earnings ratio?

Magna International (NYSE:MGA) has a trailing price-to-earnings ratio of 15.21 and a forward price-to-earnings ratio of 10.02. The price/earnings-to-growth ratio is 0.54.

What is Magna International's EPS forecast for next year?

Magna International's earnings are expected to grow from $5.48 per share to $6.75 per share in the next year, which is a 23.18% increase.


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This page (NYSE:MGA) was last updated on 12/9/2023 by MarketBeat.com Staff

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