Magna International (NYSE:MGA) reported stronger second-quarter results for 2026, citing operational improvements, margin expansion and cash generation that led the automotive supplier to raise its full-year outlook. Sales rose 3% year over year to $11 billion in the quarter, while adjusted EBIT in
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Magna International Inc (MGA) posts record Q2 adjusted EPS of $1.86, up 29% year-over-year, and raises full-year 2026 guidance on strong operational execution.
Free cash flow is now expected to be between $1.75 billion and $1.85 billion, up from $1.6 billion to $1.8 billion
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Magna (MGA) delivered earnings and revenue surprises of +21.57% and +2.19%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
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The founder of the auto-parts giant powerhouse was found guilty of sexual assault and indecent assault in Toronto, in cases dating back decades involving two women.
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Moby summary of Magna International Inc.'s Q1 2026 earnings call