Compared to Estimates, Magna (MGA) Q3 Earnings: A Look at Key Metrics

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Compared to Estimates, Magna (MGA) Q3 Earnings: A Look at Key Metrics

Magna (MGA) reported $10.06 billion in revenue for the quarter ended September 2026, representing no change year over year. EPS of $1.83 for the same period compares to $1.33 a year ago.

The reported revenue represents a surprise of +1.05% over the Zacks Consensus Estimate of $9.95 billion. With the consensus EPS estimate being $1.58, the EPS surprise was +15.82%.

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.

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: $4.16 billion versus $4.11 billion estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +0.3% change. Sales- Power & Vision: $3.77 billion compared to the $3.77 billion average estimate based on three analysts. The reported number represents a change of -2.1% year over year. Sales- Complete Vehicles: $996 million versus $930.23 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -8.2% change. Sales- Corporate and Other: $-115 million compared to the $-144 million average estimate based on three analysts. The reported number represents a change of -20.1% year over year. Sales- Seating Systems: $1.25 billion versus the three-analyst average estimate of $1.32 billion. The reported number represents a year-over-year change of -18%. Adjusted EBIT- Body Exteriors & Structures: $387 million versus $329.08 million estimated by three analysts on average. Adjusted EBIT- Power & Vision: $287 million versus the three-analyst average estimate of $256.03 million. Adjusted EBIT- Corporate & Other: $-52 million compared to the $-12.81 million average estimate based on three analysts. Adjusted EBIT- Complete Vehicles: $33 million compared to the $22.09 million average estimate based on three analysts. Adjusted EBIT- Seating Systems: $28 million versus $36.35 million estimated by three analysts on average.

View all Key Company Metrics for Magna here>>>

Shares of Magna have returned +0.4% over the past month versus the Zacks S&P 500 composite's +0.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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