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Magna (MGA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2026, Magna (MGA - Free Report) reported revenue of $10.98 billion, up 3.3% over the same period last year. EPS came in at $1.86, compared to $1.44 in the year-ago quarter.

The reported revenue represents a surprise of +2.19% over the Zacks Consensus Estimate of $10.74 billion. With the consensus EPS estimate being $1.53, the EPS surprise was +21.57%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

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: $4.42 billion compared to the $4.31 billion average estimate based on three analysts. The reported number represents a change of +4% year over year.
  • Sales- Power & Vision: $4.09 billion versus the three-analyst average estimate of $3.95 billion. The reported number represents a year-over-year change of +6.1%.
  • Sales- Complete Vehicles: $1.16 billion versus the three-analyst average estimate of $1.28 billion. The reported number represents a year-over-year change of -5.4%.
  • Sales- Corporate and Other: $-142 million versus the three-analyst average estimate of $-144.33 million. The reported number represents a year-over-year change of +2.9%.
  • Sales- Seating Systems: $1.45 billion versus $1.35 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +1.1% change.
  • Adjusted EBIT- Body Exteriors & Structures: $360 million compared to the $346.35 million average estimate based on three analysts.
  • Adjusted EBIT- Power & Vision: $245 million compared to the $188.7 million average estimate based on three analysts.
  • Adjusted EBIT- Corporate & Other: $-16 million compared to the $-5.36 million average estimate based on three analysts.
  • Adjusted EBIT- Complete Vehicles: $37 million versus $38.75 million estimated by three analysts on average.
  • Adjusted EBIT- Seating Systems: $51 million versus the three-analyst average estimate of $30.74 million.

View all Key Company Metrics for Magna here>>>

Shares of Magna have returned +11.4% 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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