Magna International Inc
MG: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|r^ | LOCK|c>R | LOCK|!&>SS$N |
Magna Earnings: Guidance Hike Not Enough to Appease a Jittery Market
Magna's stock fell on July 31 despite second-quarter adjusted diluted earnings per share of USD 1.86 that comfortably beat the USD 1.50 LSEG consensus. Management also increased 2026 guidance for free cash flow and adjusted EPS; the latter is now USD 6.70-USD 7.30, up from USD 6.25-USD 7.25.
