MG:CC News and Press, Magna International Inc. From 11/07/23

2023-11-07 15:30:00 ET The dust has somewhat settled surrounding Magna International ( TSX:MG ) after the company’s shares surged 15%. This came after earnings that produced surprises, along with an increase in company guidance for investors. So, let’s get right into i...

2023-11-07 13:20:54 ET Summary Magna recently gapped up post earnings and is up by 9% since the event. We are enthused by the operational improvements demonstrated by Magna and this is something that could linger through FY25. Earnings through FY25 are poised to come in at 3x ...

2023-11-03 11:10:03 ET Magna International Inc. (MGA) Q3 2023 Earnings Conference Call November 3, 2023 8:00 am ET Company Participants Swamy Kotagiri - Chief Executive Officer Patrick McCann - Executive Vice President, Chief Financial Officer Louis Tonelli - Vic...

2023-11-03 10:20:54 ET Summary The S&P 500 and Nasdaq jump after October 2023 nonfarm payroll data shows slowed job growth. How NFP affects Fed's interest rate policy decision in December. Strike activity's impact on the report discussed. In pre-market trading, t...

Oncolytics Biotech Inc. (ONC:CA) is expected to report $-0.1 for Q3 2023 Enbridge Inc. (ENB:CA) is expected to report $0.59 for Q3 2023 Magna International Inc. (MG:CA) is expected to report $1.86 for Q3 2023 Laramide Resources Ltd. (LAM:CA) is expected to report for Q2 2024 Ensig...

Magna International Inc. (MG:CA) is expected to report $1.86 for Q3 2023

2023-11-03 05:03:47 ET More on Magna International Magna: You Still Have Some Upside Here Magna International Q3 2023 Earnings Preview Deadline drama: UAW union prepares for 'never seen before' auto strike Seeking Alpha’s Quant Rating on Magna Internat...

Sales increased 15% to $10.7 billion, compared to a global light vehicle production increase of 4% Diluted earnings per share were $1.37 Adjusted diluted earnings per share increased 33% to $1.46 Raised Outlook for Adjusted EBIT Margin and Adjusted Net Income attributable to Magna, in...

2023-11-02 15:45:00 ET Magna International ( TSX:MG ) is a cyclical stock that experienced strong cuts in its earnings and stock price around the last two recessions. It’s not difficult to predict that it would likely report weak business results in the next recession. ...

2023-11-02 11:19:27 ET More on Magna International Magna: You Still Have Some Upside Here Magna International Inc. (MGA) Q2 2023 Earnings Call Transcript Deadline drama: UAW union prepares for 'never seen before' auto strike The United Auto Workers may strike...