(RTTNews) - Magna International Inc. (MG.TO) reported a profit for third quarter that Decreased from last year but beat the Street estimates.
The company's bottom line came in at $305 million, or $1.08 per share. This compares with $484 million, or $1.68 per share, last year.
Excluding items, Magna International Inc. reported adjusted earnings of $375 million or $1.33 per share for the period.
Analysts on average had expected the company to earn $1.25 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.8% to $10.462 billion from $10.280 billion last year.
Magna International Inc. earnings at a glance (GAAP) :
-Earnings: $305 Mln. vs. $484 Mln. last year. -EPS: $1.08 vs. $1.68 last year. -Revenue: $10.462 Bln vs. $10.280 Bln last year.
-Guidance: Full year revenue guidance: $41.1 - $42.1 Bln
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Magna International Inc. Q3 Profit Decreases, But Beats Estimates
Published 1 week ago
Oct 31, 2025 at 9:36 AM
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