Magna (MGA) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release
MagnaMagna(US:MGA) ZACKS·2025-10-24 15:01

Core Viewpoint - The market anticipates Magna (MGA) will report a year-over-year decline in earnings due to lower revenues in its upcoming earnings report for the quarter ended September 2025 [1] Earnings Expectations - Magna is expected to post quarterly earnings of $1.24 per share, reflecting a year-over-year change of -3.1% [3] - Revenues are projected to be $10.01 billion, down 2.6% from the same quarter last year [3] Estimate Revisions - The consensus EPS estimate has been revised 1.24% higher over the last 30 days, indicating a reassessment by analysts [4] - A positive Earnings ESP of +1.34% suggests analysts have recently become more optimistic about Magna's earnings prospects [12] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict the deviation of actual earnings from consensus estimates, with positive readings being more reliable [9][10] - Magna's current Zacks Rank is 3, which, combined with the positive Earnings ESP, suggests a likelihood of beating the consensus EPS estimate [12] Historical Performance - In the last reported quarter, Magna exceeded expectations by delivering earnings of $1.44 per share against an expected $1.19, resulting in a surprise of +21.01% [13] - Over the past four quarters, Magna has beaten consensus EPS estimates two times [14] Industry Comparison - Another company in the automotive sector, LCI (LCII), is expected to report earnings of $1.46 per share, indicating a year-over-year increase of +5% [18] - LCI's revenues are projected to be $962.83 million, up 5.2% from the previous year, with a positive Earnings ESP of +1.6% and a Zacks Rank of 2, suggesting a strong likelihood of beating estimates [19][20]