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Magna International (MGA)
NYSE:MGA
Earnings Data
Report Date
Aug 01, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.13Last Year’s EPS
1.35Same Quarter Last Year
Based on 13 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 02, 2025
|% Change Since: 4.63%
|Next Earnings Date:Aug 01, 2025
Earnings Call Sentiment|Neutral
The call reflected a mixed sentiment with strong performance in certain areas like China and collaboration with NVIDIA, but faced challenges due to tariff impacts, lower North American production, and decreased margins.Company Guidance
During Magna International's first quarter 2025 results call, the company provided updated guidance reflecting a strong Q1 performance, with sales of $10.1 billion and an adjusted EBIT of $354 million, despite facing a challenging environment due to tariffs and foreign exchange fluctuations. The outlook included a reduction in North American production by 100,000 units to 15 million, while maintaining European production and increasing Chinese production to 30.2 million units. The company expects a higher euro and Canadian dollar for 2025, leading to an increased sales range, though partially offset by lower vehicle production in North America. Magna anticipates a modest reduction in EBIT margin due to euro-US dollar exchange impacts and decreased sales volumes. Capital spending is forecasted between $1.7 billion and $1.8 billion, with an increased tax rate of approximately 26%. The company remains focused on mitigating tariff impacts, with an expectation of recovering 100% of unmitigated incremental tariff costs from customers, while also emphasizing cost containment and capital discipline to navigate the uncertain trade environment effectively.Ahead of Quarterly Planning Cadence
The Q1 2025 results came in ahead of the company's quarterly planning cadence, reflecting strong incremental margin on higher sales.
Return to Shareholders
Returned $187 million to shareholders in the first quarter through dividends and share repurchases.
Collaboration and Awards
Collaborated with NVIDIA for next-gen automotive technologies and won GM's Supplier of the Year and Overdrive award.
Strong Performance in China
Production assumptions in China increased due to Q1 outperformance, with production expected to reach 30.2 million units.
Solid Financial Performance
Delivered solid Q1 earnings and free cash flow better than expected, with consolidated sales at $10.1 billion.
MGA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MGA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 02, 2025 | $34.54 | $32.62 | -5.56% |
Feb 14, 2025 | $38.63 | $36.86 | -4.58% |
Nov 01, 2024 | $38.02 | $40.43 | +6.34% |
Aug 02, 2024 | $40.95 | $38.49 | -6.01% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Magna International (MGA) report earnings?
Magna International (MGA) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is Magna International (MGA) earnings time?
Magna International (MGA) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MGA EPS forecast?
MGA EPS forecast for the fiscal quarter 2025 (Q2) is 1.13.
