Magna Int'l (MGA) Tops Q1 EPS by 19c

Magna Int'l (NYSE: MGA) reported Q1 EPS of $1.53, $0.19 better than the analyst estimate of $1.34. Revenue for the quarter came in at $9.37 billion versus the consensus estimate of $9.15 billion.

• First quarter record sales, up 5% to $9.37 billion
• Adjusted EBIT and Adjusted EBIT percentage of sales increased in all reporting segments
• All-time record diluted earnings per share of $1.53, increased 25%
• Cash provided from operating activities of $443 million, up 46%

For earnings history and earnings-related data on Magna Int'l (MGA) click here.

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