Earnings Outlook For Magna International
Portfolio Pulse from Benzinga Insights
Magna International (NYSE:MGA) is set to release its latest quarterly earnings report on November 3, 2023. Analysts estimate an earnings per share (EPS) of $1.34. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $48.24, down 15.7% over the last 52-week period.
November 02, 2023 | 5:01 pm
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Magna International is expected to report an EPS of $1.34 in its upcoming earnings. The stock has seen a 15.7% decline over the past year.
The upcoming earnings report is a significant event for Magna International. However, the stock's performance has been negative over the past year, which could influence investor sentiment. 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.
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