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Stock impact report

Investor Outlook: Magna shares rise on earnings beat and improved 2025 outlook [BNN Bloomberg (Canada)]

Magna International, Inc. (MGA) 
Last magna international, inc. earnings: 2/21 05:00 am Check Earnings Report
US:NYSE Investor Relations: magna.com/investors
Company Research Source: BNN Bloomberg
stronger cost management and higher customer recoveries. The company's new forecast points to improved profit margins through year-end. BNN Bloomberg spoke with Tom Narayan, lead global autos equity analyst at RBC Capital Markets, who said Magna's results confirm its recovery plan is working, with customer payments offsetting tariffs and stronger demand supporting production. He added that while chip supply tensions in Europe remain a risk, the company's diversified business mix and U.S. exposure provide stability. Key Takeaways Magna beat third-quarter earnings expectations and raised its 2025 profit outlook. Analysts say stronger cost recovery and customer payments boosted results. The company's new forecast implies higher margins in the fourth quarter. Global auto demand remains strong, led by resilient U.S. sales. Chip supply and political tensions in Europe remain potential headwinds. Read the full transcript below: ANDREW: Shares in Magna International are tren Show less Read more
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