Magna International Inc. expected to post earnings of $1.60 a share - Earnings Preview
Magna International Inc. MG.TO is expected to show a fall in quarterly revenue when it reports results on October 30 for the period ending September 30 2026
The Aurora Ontario-based company is expected to report a 3.8% decrease in revenue to $10.063 billion from $10.46 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.
LSEG's mean analyst estimate for Magna International Inc. is for earnings of $1.60 per share.
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 12 "hold" and 1 "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Magna International Inc. is $70.00, about 9.2% above its last closing price of $64.13
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Jun. 30 2026 | 1.52 | 1.51 | 1.86 | Beat | 23.1 |
Mar. 31 2026 | 1.02 | 1.01 | 1.38 | Beat | 37.1 |
Dec. 31 2025 | 1.79 | 1.79 | 2.18 | Beat | 21.8 |
Sep. 30 2025 | 1.26 | 1.24 | 1.33 | Beat | 7.2 |
Jun. 30 2025 | 1.18 | 1.15 | 1.44 | Beat | 24.8 |
Mar. 31 2025 | 0.89 | 0.89 | 0.78 | Missed | -12.2 |
Dec. 31 2024 | 1.49 | 1.52 | 1.69 | Beat | 11.2 |
Sep. 30 2024 | 1.40 | 1.41 | 1.28 | Missed | -9.1 |
This summary was machine generated October 28 at 12:42 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)