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%.
Related Articles
Magna delivers Q4 beat but shares slip on guidance miss
Hermès market value closing in on LVMH
India stocks lower at close of trade; Nifty 50 down 0.58%
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。