Gear Up for Magna (MGA) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - Analysts project Magna (MGA) will report quarterly earnings of $1.46 per share, a 9.8% increase year over year, with revenues expected to reach $10.3 billion, reflecting a 1.4% decline from the same quarter last year [1] Earnings Projections - The consensus EPS estimate has been revised downward by 1.5% over the past 30 days, indicating a collective reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Key Metrics Estimates - Analysts estimate 'Sales- Body Exteriors & Structures' at $3.99 billion, a year-over-year decline of 4.4% [5] - 'Sales- Power & Vision' is projected to reach $3.67 billion, indicating a 2.7% decrease year over year [5] - 'Sales- Complete Vehicles' is expected to be $1.41 billion, reflecting a 17% increase year over year [5] - 'Sales- Seating Systems' is estimated at $1.38 billion, a 3.6% decline year over year [6] Adjusted EBIT Estimates - 'Adjusted EBIT- Body Exteriors & Structures' is projected at $303.01 million, up from $280 million year over year [6] - 'Adjusted EBIT- Power & Vision' is expected to be $229.69 million, slightly down from $231 million year over year [6] - 'Adjusted EBIT- Seating Systems' is estimated at $46.15 million, compared to $44 million in the previous year [7] - 'Adjusted EBIT- Complete Vehicles' is projected to be $37.24 million, down from $43 million year over year [7] Stock Performance - Magna's shares have decreased by 3.7% over the past month, contrasting with a 4.2% increase in the Zacks S&P 500 composite [7] - The company holds a Zacks Rank 3 (Hold), suggesting it is expected to perform in line with the overall market in the near future [7]