These Analysts Boost Their Forecasts On Magna International Following Upbeat Q4 Results

Magna International, Inc. (NYSE:MGA) posted stronger-than-expected fourth-quarter results on Friday.The company reported fourth-quarter adjusted earnings per share of $2.18, beating the analyst consensus estimate of $1.79. Quarterly sales of $10.84 billion (+2% year over year) outpaced the Street view of $10.495 billion.Magna International said it expects fiscal 2026 adjusted earnings of $6.25 to $7.25 per share, compared with analysts' estimate of $5.99.The company lowered its fiscal 2026 sales outlook to ...