Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

Published on 14 Feb 2024 on Zacks via Yahoo Finance

Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

Magna International MGA reported fourth-quarter 2023 adjusted earnings of $1.33 per share, which rose 46.2% on a year-over-year basis but missed the Zacks Consensus Estimate of $1.37.Net sales increased 9% from the prior-year quarter to $10.45 billion, surpassing the Zacks Consensus Estimate of $10.44 billion.

Magna International Inc. Price, Consensus and EPS Surprise

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Magna (MGA) Q4 Earnings Miss Expectations, Increase Y/Y

TSX.MG price evolution

NYSE.MGA price evolution

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