Have you ever heard of Magna (ticker symbol: MGA), a U.S. stock?
It is a Canadian auto parts manufacturer.
In this article, I will introduce the company’s financial results for the period from April to June 2021, which were announced on August 5, 2021.
Financial Results for April to June 2021
EPS of $1.40 vs. forecast of $1.41.
Sales: $9.03 billion vs. forecast of $9.28 billion.
Sales growth was +110.4% YoY.