- 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.
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FY2026 sales outlook narrowed to $41.2B–$42.0B from $41.3B–$42.5B (consensus: $41.98B)
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Adjusted EBIT margin outlook narrowed to 6.3%–6.5% from 6.3%–6.6%.
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Adjusted EPS outlook revised to $6.85–$7.15 from $6.70–$7.30, reaffirming the midpoint of $7.00. (consensus: $7.02)
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Free cash flow outlook raised to $1.85B–$1.90B from $1.75B–$1.85B.
