Magna (MGA) Lags Q3 Earnings and Revenue Estimates

Magna (MGA) came out with quarterly earnings of $1.28 per share, missing the Zacks Consensus Estimate of$1.48 per share. This compares to earnings of $1.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -13.51$1.46 per share when it actually produced earnings of $1.35, delivering a surprise of -7.53%.Over the last four quarters, the ...