Magna International's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Magna International (NYSE:MGA) is set to release its latest quarterly earnings report on August 4, 2023. Analysts estimate an earnings per share (EPS) of $1.25. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $62.9, with a 2.59% increase over the last 52-week period.
August 04, 2023 | 1:44 pm
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Magna International is expected to report an EPS of $1.25 in its upcoming earnings. The company's past earnings have shown a mixed impact on the stock price. The stock has seen a 2.59% increase over the last 52 weeks.
The upcoming earnings report is a significant event for Magna International. However, the company's past earnings have shown a mixed impact on the stock price, making it difficult to predict the short-term impact of the upcoming earnings report. The stock has been performing well over the past year, which could indicate investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100