Magna (MGA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Magna International Inc.'s Q1 revenues fell 8% y/y to $10B, beating estimates by $370M, while non-GAAP EPS missed by 8 cents. Despite revenue declines, operational improvements in Power & Vision and Complete Vehicles slightly offset overall performance, with seating systems showing the largest profitability decline. MGA faces significant tariff risks, particularly affecting the automotive sector, and management's 2025 outlook may be overly optimistic without accounting for these impacts.
MGA reports mixed first-quarter results and expects 2025 revenues in the band of $40-$41.6 billion, up from the previous target of $38.6-$40.2 billion.
Magna International Inc. (NYSE:MGA ) Q1 2025 Earnings Conference Call May 2, 2025 8:00 AM ET Company Participants Louis Tonelli - Vice President, Investor Relations Swamy Kotagiri - Chief Executive Officer Patrick McCann - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America Tamy Chen - BMO Capital Markets Dan Levy - Barclays Doug Dutton - Evercore ISI Joe Spak - UBS Adam Jones - Morgan Stanley James Picariello - BNP Paribas Shreyas Patil - Wolfe Research Mark Delaney - Goldman Sachs Jonathan Goldman - Scotiabank Michael Glen - Raymond James Operator Hello, and welcome to the Magna International First Quarter 2025 Results Webcast. All lines have been placed on mute to prevent any background noise.
The headline numbers for Magna (MGA) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Magna (MGA) came out with quarterly earnings of $0.78 per share, missing the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $1.08 per share a year ago.
Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Magna International posted a positive FY 2024 report, beating analysts' EPS consensus estimate, and showing improved EBIT and effective cost management. The company is undervalued with a trailing P/E of 7.01x and EV/EBITDA of 4.55x, presenting a 23% margin of safety. MGA's positive FCF outlook and robust dividend yield, supported by strong liquidity and cash flow, make it an attractive buy despite short-term weaknesses.
MGA reports better-than-expected fourth-quarter results and expects 2025 revenues in the band of $38.6-$40.2 billion compared with $42.8 billion reported in 2024.
Magna International Inc. (NYSE:MGA ) Q4 2024 Earnings Conference Call February 14, 2025 8:00 AM ET Company Participants Louis Tonelli - VP, IR Swamy Kotagiri - CEO Patrick McCann - EVP and CFO Conference Call Participants Tamy Chen - BMO Capital Markets Dan Levy - Barclays Chris McNally - Evercore ISI Joseph Spak - UBS Securities Tom Narayan - RBC Capital Markets Brian Morrison - TD Cowen James Picariello - BNP Paribas Colin Langan - Wells Fargo Mark Delaney - Goldman Sachs Michael Glen - Raymond James Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
Magna (MGA) came out with quarterly earnings of $1.69 per share, beating the Zacks Consensus Estimate of $1.46 per share. This compares to earnings of $1.33 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Magna (MGA), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2024.