Magna International Q1 2024 Adj EPS $1.08 Misses $1.25 Estimate, Sales $10.970B Beat $10.953B Estimate
Author: Benzinga Newsdesk | May 03, 2024 05:05am
Magna International (NYSE:
MGA) reported quarterly earnings of $1.08 per share which missed the analyst consensus estimate of $1.25 by 13.6 percent. This is a 6.09 percent decrease over earnings of $1.15 per share from the same period last year. The company reported quarterly sales of $10.970 billion which beat the analyst consensus estimate of $10.953 billion by 0.16 percent. This is a 2.78 percent increase over sales of $10.673 billion the same period last year.
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