Magna International Inc
MG: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| &rG | LOCK|>C | LOCK|f$SS@kB |
Magna Earnings: Third Quarter Exceeds Management's Expectations; Guidance Increased
Magna reported third quarter adjusted diluted EPS of $1.33, up 3.9% year-over-year. The company announced a new share buyback program for about 9% of the diluted share count. It also raised 2025 revenue, equity income, and adjusted EBIT margin guidance.
