Here's What Key Metrics Tell Us About Magna (MGA) Q3 Earnings

For the quarter ended September 2024, Magna (MGA) reported revenue of $10.28 billion, down 3.8% over the same period last year. EPS came in at$ 1.28, compared to $1.46 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of$ 10.57 billion, representing a surprise of -2.73%. The company delivered an EPS surprise of -13.51%, with the consensus EPS estimate being $1.48.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...