Investing.com -- Magna International (NYSE:MGA) reported better-than-expected Q4 earnings and revenue but the company's shares fell as its 2025 guidance missed expectations.
The auto parts manufacturer posted fourth-quarter earnings of $1.69 per share, above analyst expectations of $1.51. Revenue for the quarter totaled $10.63 billion, also exceeding the consensus estimate of $10.33 billion.
Adjusted EBIT rose 23% year over year to $689 million, ahead of the projected $627.4 million.
For fiscal 2025, Magna projected revenue between $38.6 billion and $40.2 billion, below the market consensus of $42.78 billion.
Magna stock fell over 2% in premarket trading Friday.
The soft sales outlook mainly reflects foreign currency headwinds, lower light vehicle production, and the end of Jaguar assembly programs.
The company projects 2025 adjusted EBIT margins of 5.3% to 5.8%.
Looking ahead to 2026, Magna forecasts revenue in the range of $40.5 billion to $42.6 billion, with adjusted EBIT margins improving to between 6.5% and 7.2%.
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