Magna International (NYSE: MGA ) is expected to report Q4 earnings around Feb. 23. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Magna International's revenues will increase 6.4% and EPS will drop -19.9%.
The average estimate for revenue is $7.72 billion. On the bottom line, the average EPS estimate is $1.17.
Last quarter, Magna International reported revenue of $7.41 billion. GAAP reported sales were 6.3% higher than the prior-year quarter's $6.97 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.13. GAAP EPS of $1.66 for Q3 were 295% higher than the prior-year quarter's $0.42 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 11.8%, 80 basis points better than the prior-year quarter. Operating margin was 4.3%, 60 basis points better than the prior-year quarter. Net margin was 5.3%, 380 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $30.48 billion. The average EPS estimate is $5.25.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 169 members out of 192 rating the stock outperform, and 23 members rating it underperform. Among 60 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 57 give Magna International a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Magna International is hold, with an average price target of $53.69.
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