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Magna International Earlier Reported Q1 EPS $0.860 Beats $0.810 Estimate, Sales $8.657B Beat $8.500B Estimate

Magna International (NYSE:MGA) reported quarterly earnings of $0.860 per share which beat the analyst consensus estimate of $0.810 by 6.17 percent. This is a 47.24 percent decrease over earnings of $1.630 per share from

Benzinga · 05/07/2020 17:23

Magna International (NYSE:MGA) reported quarterly earnings of $0.860 per share which beat the analyst consensus estimate of $0.810 by 6.17 percent. This is a 47.24 percent decrease over earnings of $1.630 per share from the same period last year. The company reported quarterly sales of $8.657 billion which beat the analyst consensus estimate of $8.500 billion by 1.85 percent. This is a 18.26 percent decrease over sales of $10.591 billion the same period last year.