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Here's What Key Metrics Tell Us About Magna (MGA) Q1 Earnings
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For the quarter ended March 2025, Magna (MGA - Free Report) reported revenue of $10.07 billion, down 8.2% over the same period last year. EPS came in at $0.78, compared to $1.08 in the year-ago quarter.
The reported revenue represents a surprise of +5.70% over the Zacks Consensus Estimate of $9.53 billion. With the consensus EPS estimate being $0.90, the EPS surprise was -13.33%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Magna performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Sales- Body Exteriors & Structures: $3.97 billion versus $4 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.5% change.
Sales- Power & Vision: $3.65 billion compared to the $3.41 billion average estimate based on three analysts. The reported number represents a change of -5.1% year over year.
Sales- Complete Vehicles: $1.28 billion versus $928.58 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -7.7% change.
Sales- Corporate and Other: -$131 million versus the three-analyst average estimate of -$142.67 million. The reported number represents a year-over-year change of -5.8%.
Sales- Seating Systems: $1.31 billion versus the three-analyst average estimate of $1.34 billion. The reported number represents a year-over-year change of -9.8%.
Adjusted EBIT- Body Exteriors & Structures: $230 million versus $257.55 million estimated by three analysts on average.
Adjusted EBIT- Power & Vision: $124 million versus the three-analyst average estimate of $117.89 million.
Adjusted EBIT- Corporate & Other: -$14 million versus -$9.24 million estimated by three analysts on average.
Adjusted EBIT- Complete Vehicles: $44 million versus $8.91 million estimated by three analysts on average.
Adjusted EBIT- Seating Systems: -$30 million versus the three-analyst average estimate of $38.68 million.
Shares of Magna have returned +5.7% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Here's What Key Metrics Tell Us About Magna (MGA) Q1 Earnings
For the quarter ended March 2025, Magna (MGA - Free Report) reported revenue of $10.07 billion, down 8.2% over the same period last year. EPS came in at $0.78, compared to $1.08 in the year-ago quarter.
The reported revenue represents a surprise of +5.70% over the Zacks Consensus Estimate of $9.53 billion. With the consensus EPS estimate being $0.90, the EPS surprise was -13.33%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Magna performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Sales- Body Exteriors & Structures: $3.97 billion versus $4 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -10.5% change.
- Sales- Power & Vision: $3.65 billion compared to the $3.41 billion average estimate based on three analysts. The reported number represents a change of -5.1% year over year.
- Sales- Complete Vehicles: $1.28 billion versus $928.58 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -7.7% change.
- Sales- Corporate and Other: -$131 million versus the three-analyst average estimate of -$142.67 million. The reported number represents a year-over-year change of -5.8%.
- Sales- Seating Systems: $1.31 billion versus the three-analyst average estimate of $1.34 billion. The reported number represents a year-over-year change of -9.8%.
- Adjusted EBIT- Body Exteriors & Structures: $230 million versus $257.55 million estimated by three analysts on average.
- Adjusted EBIT- Power & Vision: $124 million versus the three-analyst average estimate of $117.89 million.
- Adjusted EBIT- Corporate & Other: -$14 million versus -$9.24 million estimated by three analysts on average.
- Adjusted EBIT- Complete Vehicles: $44 million versus $8.91 million estimated by three analysts on average.
- Adjusted EBIT- Seating Systems: -$30 million versus the three-analyst average estimate of $38.68 million.
View all Key Company Metrics for Magna here>>>Shares of Magna have returned +5.7% over the past month versus the Zacks S&P 500 composite's -0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.