Magna International's Q4 Adjusted Earnings, Sales Increase; Provides 2025, 2026 Guidance

MT Newswires Live
02-14

Magna International (MGA) reported Q4 adjusted earnings Friday of $1.69 per diluted share, up from $1.33 a year earlier.

Analysts polled by FactSet expected $1.52.

Sales for the quarter ended Dec. 31 were $10.63 billion, compared with $10.45 billion a year earlier.

Analysts polled by FactSet expected $10.31 billion.

The company said it expects 2025 sales of $38.6 billion to $40.2 billion, and 2026 sales of $40.5 billion to $42.6 billion. Analysts polled by FactSet expect $42.64 billion and $43.4 billion, respectively.

The company also raised its quarterly dividend by 2% to $0.485 per common share, payable on March 14 to shareholders of record on Feb. 28.

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