Magna International Q3 Adj EPS $1.46 Beats $1.34 Estimate, Sales $10.69B Beat $10.33B Estimate
Portfolio Pulse from Benzinga Newsdesk
Magna International's Q3 adjusted earnings per share of $1.46 beat the analyst consensus estimate of $1.34 by 8.96%. This is a 36.45% increase from the same period last year. The company's quarterly sales of $10.69 billion also beat the analyst consensus estimate of $10.33 billion by 3.48%, marking a 15.34% increase from the same period last year.
November 03, 2023 | 9:01 am
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Magna International's Q3 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Magna International's Q3 earnings and sales have exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100