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Revenue: US$10.1b (down 8.2% from 1Q 2024).
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Net income: US$146.0m (up by US$137.0m from 1Q 2024).
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Profit margin: 1.4% (up from 0.1% in 1Q 2024). The increase in margin was driven by lower expenses.
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EPS: US$0.52 (up from US$0.031 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Revenue exceeded analyst estimates by 3.5%. Earnings per share (EPS) missed analyst estimates by 29%.
Looking ahead, revenue is forecast to stay flat during the next 3 years compared to a 8.4% growth forecast for the Auto Components industry in North America.
Performance of the market in Canada.
The company’s shares are down 3.2% from a week ago.
While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Magna International’s balance sheet health.
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