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Magna International Inc T.MG

Alternate Symbol(s):  MGA

Consumer Cyclical Auto Parts
Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.


TSX:MG - Post by User

Magna International Inc > Earnings missed but revenue surprised.
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Post by Apluson Jul 29, 2022 7:40am
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Post# 34859363

Earnings missed but revenue surprised.

Earnings missed but revenue surprised.Q2 2022 EPS missed by -9.97% expected USD $0.92 reported USD $0.83. Revenue increased 4.90% expected USD $8.92B reported USD $9.36B Waiting to see how market react to the results.
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