On Friday 1st November 2024, Magna International (NYSE: MGA) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur before market open.
In accordance with the predictions of financial analysts on Wall Street, the organization is on track to report an expected per share of $1.41 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $10.36 billion for this quarter.
During the equivalent quarter of the preceding year, the company's financial report highlighted a per-share income of $1.46. This significant amount was the outcome of the company's total revenue, which reached an impressive $10.69 billion during that particular timeframe.
Projections for the company's annual performance have been shared by Wall Street analysts, with an estimated total revenue of $42.79 billion. Furthermore, they are predicting profit of $5.37 per share for the full year.
In addition, The firm will review the third quarter financial results on 1st November 2024 at 08:00 AM eastern time, in a conference call with public.
Magna International (MGA) closed Wednesday's regular trading session at $41.31, indicating a 0.72 percent downfall. The stock fluctuated between $41.00 and $41.81 during the day, with a volume of 882.20 thousand shares.
