Magna International Q4 Adj. EPS $2.18 Beats $1.79 Estimate, Sales $10.848B Beat $10.495B Estimate

Magna International (NYSE:MGA) reported quarterly earnings of $2.18 per share which beat the analyst consensus estimate of $1.79 by 21.52 percent. This is a 28.99 percent increase over earnings of $1.69 per share from the same period last year. The company reported quarterly sales of $10.848 billion which beat the analyst consensus estimate of $10.495 billion by 3.37 percent. This is a 2.07 percent increase over sales of $10.628 billion the same period last year.