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Compared to Estimates, Magna (MGA) Q1 Earnings: A Look at Key Metrics

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For the quarter ended March 2026, Magna (MGA - Free Report) reported revenue of $10.38 billion, up 3.1% over the same period last year. EPS came in at $1.38, compared to $0.78 in the year-ago quarter.

The reported revenue represents a surprise of +3.03% over the Zacks Consensus Estimate of $10.08 billion. With the consensus EPS estimate being $1.01, the EPS surprise was +36.19%.

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: $4.08 billion versus $4.06 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.9% change.
  • Sales- Power & Vision: $3.88 billion versus the three-analyst average estimate of $3.8 billion. The reported number represents a year-over-year change of +6.5%.
  • Sales- Complete Vehicles: $1.22 billion versus the three-analyst average estimate of $1.11 billion. The reported number represents a year-over-year change of -4.1%.
  • Sales- Corporate and Other: $-143 million compared to the $-140 million average estimate based on three analysts. The reported number represents a change of +9.2% year over year.
  • Sales- Seating Systems: $1.34 billion versus $1.25 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +2.1% change.
  • Adjusted EBIT- Body Exteriors & Structures: $274 million versus $249.13 million estimated by three analysts on average.
  • Adjusted EBIT- Power & Vision: $252 million versus the three-analyst average estimate of $171.73 million.
  • Adjusted EBIT- Corporate & Other: $-25 million compared to the $-11.33 million average estimate based on three analysts.
  • Adjusted EBIT- Complete Vehicles: $32 million versus $21.3 million estimated by three analysts on average.
  • Adjusted EBIT- Seating Systems: $25 million compared to the $6.38 million average estimate based on three analysts.

View all Key Company Metrics for Magna here>>>

Shares of Magna have returned +15.4% over the past month versus the Zacks S&P 500 composite's +10.5% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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