汽车零部件制造商麦格纳第四季度业绩超出预期,但因电动汽车不确定性和市场变化再次下调2026年销售目标

财报速递
02-14

麦格纳国际公司(NYSE:MGA)股价周五盘前交易中下跌。 公司报告第四季度销售额同比增长2%,达到106.3亿美元,高于分析师预期的103.4亿美元。 车身外观与结构部门销售额下降3%,动力与视觉部门持平,座椅系统部门增长6%,成车部门销售额增长17%。 本季度税前营业收入为3.81亿美元,营业利润率为3.6%。 调整后的息税前利润为6.89亿美元,调整后的息税前利润率为6.5%。调整后的每股收益为1.69美元,高于预期的1.52美元。 本季度营业现金流总计19亿美元。公司在第四季度回购了460万股,花费2.02亿美元。 截至2024年12月31日,麦格纳持有12.5亿美元的现金和等价物。 公司董事会宣布每股0.485美元的股息,将于2025年3月14日支付给截至2025年2月28日营业结束时的股东。这比第三季度每股0.475美元的股息高出2%。 麦格纳对2025财政年度销售预期为386亿至402亿美元,而分析师预期为425.8亿美元。调整后息税前利润率预计为5.3%至5.8%。 麦格纳对2026财政年度销售预期为405亿至426亿美元,相比先前修正预期的440亿至465亿美元有所下降;调整后息税前利润率预计为6.5%至7.2%,而之前的预期为6.7%至7.4%。 公司表示,由于近期行业挑战,包括轻型车辆生产波动、电动汽车接受率不确定性、OEM项目校准行动、市场份额变化和政府政策不确定性,未来预测更加困难。 价格走势:截至最后检查,MGA股价下跌6.10%,至37.25美元。 图片来源:Shutterstock。

以上内容来自Benzinga Earnings专栏,原文如下:

Magna International Inc (NYSE:MGA) shares are trading lower in premarket on Friday.

The company reported fourth-quarter sales growth of 2% year-on-year to $10.63 billion, beating the analyst consensus estimate of $10.34 billion.

Body Exteriors & Structures segment sales decreased 3%, Power & Vision remained flat, Seating Systems climbed 6%, and Complete Vehicles sales gained 17%.

Operating income before income taxes for the quarter was $381 million, with an operating margin of 3.6%.

Adjusted EBIT was $689 million with an adjusted EBIT margin of 6.5%. Adjusted EPS of $1.69 beat the consensus estimate of $1.52.

Also Read: Consumer Giant Unilever Warns On Slower Start To 2025, Ice Cream Spin-Off Moves Forward With Amsterdam Incorporation

The operating cash flow for the quarter totaled $1.9 billion. The company repurchased 4.6 million shares for $202 million in the fourth quarter.

Magna held $1.25 billion in cash and equivalents as of December 31, 2024.

The company’s Board declared a dividend of $0.485 per share, payable on March 14, 2025 to shareholders of record as of the close of business on February 28, 2025. This represents a 2% higher dividend than the third quarter dividend of $0.475 per share.

“In 2024, we successfully drove margin expansion and increased cash flow generation through deliberate actions related to operational excellence, restructuring, reduced capital spending, and commercial recoveries,” said CEO Swamy Kotagiri.

Outlook: Magna sees FY25 sales of $38.6 billion – $40.2 billion versus the estimate of $42.58 billion. Magna sees adjusted EBIT margin of 5.3% – 5.8%.

Magna sees FY26 sales of $40.5 billion – $42.6 billion, down from the prior revised outlook of $44.0 billion – $46.5 billion; adjusted EBIT margin of 6.5% – 7.2% versus the previous outlook of 6.7% – 7.4%.

The company noted that forward forecasting is more difficult due to recent industry challenges, including light vehicle production volatility, uncertain electric vehicle take-rates, OEM program recalibration actions, market share shifts, and uncertain government policies.

Price Action: MGA shares are trading lower by 6.10% at $37.25 at the last check Friday.

Read Next:

  • HanesBrands Q4 Earnings: Sales Miss, Gloomy FY25 Outlook, CEO Exit And More

Photo via Shutterstock.

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