Magna Updates 2026 Outlook, Flat Q3 Revenue Growth

Magna International press release (MGA): Q3 Non-GAAP EPS of $1.83 beats by $0.23. - Revenue of $10.1B (-3.4% Y/Y) in-line. FY2026 sales outlook narrowed to $41.2Bâ$42.0B from $41.3Bâ$42.5B (consensus: $41.98B) Adjusted EBIT margin outlook narrowed to 6.3%â6.5% from 6.3%â6.

Magna International press release (MGA): Q3 Non-GAAP EPS of $1.83 beats by $0.23. – Revenue of $10.1B (-3.4% Y/Y) in-line.

FY2026 sales outlook narrowed to $41.2Bâ$42.0B from $41.3Bâ$42.5B (consensus: $41.98B) Adjusted EBIT margin outlook narrowed to 6.3%â6.5% from 6.3%â6.6%

Adjusted EPS outlook revised to $6.85â$7.15 from $6.70â$7.30, reaffirming the midpoint of $7.00. (consensus: $7.02) Free cash flow outlook raised to $1.85Bâ$1.90B from $1.75Bâ$1.85B

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