Analysts See $2.22 EPS for Magna International Inc. (MG)

July 14, 2018 - By Kristin Houston

Magna International Inc. (TSE:MG) Logo

Analysts expect Magna International Inc. (TSE:MG) to report $2.22 EPS on August, 10.They anticipate $0.23 EPS change or 11.56 % from last quarter’s $1.99 EPS. T_MG’s profit would be $779.65 million giving it 8.87 P/E if the $2.22 EPS is correct. After having $2.33 EPS previously, Magna International Inc.’s analysts see -4.72 % EPS growth. The stock decreased 0.28% or $0.22 during the last trading session, reaching $78.78. About 631,334 shares traded. Magna International Inc. (TSE:MG) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Magna International Inc. designs, develops, and makes automotive systems, assemblies, modules, and components in North America, Europe, Asia, and South America. The company has market cap of $27.67 billion. The firm offers engineering and contract manufacturing services, and fuel systems; electric/electronic components and systems; roof systems comprising softtops, retractable hardtops, modular tops, and hardtops; and closures, including latching systems, hinges and wire forming, power closures, electronics, door modules, window systems engineered glass, sealing, trim and roof racks, roof systems, testing centers, and running boards. It has a 12.68 P/E ratio. It also provides interior and exterior mirrors, actuators, electronic vision systems, door handle and overhead console technologies, and front and signal lightings; complete seating systems, mechanism solutions, seat structure solutions, foam and trim products, and design and development solutions; and fascia and exterior trims, liftgate and exterior modules, front end modules, ACTERO active aerodynamics, and lightweight composites.

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