Magna Q1 EPS Beats Estimates, Margin Expands

Magna International reported Q1 adjusted EPS $1.38, beating estimate $1.04, and revenue $10.38 bn vs $10.25 bn consensus.
Adjusted EBIT rose 58% to $558 m, margin expanded 190 bps to 5.4% driven by productivity, lower warranty costs, FX gains.
GAAP diluted loss per share was -$0.04 versus $0.52 a year ago, due to $485 m pre‑tax loss on assets held for sale.
FY2026 guidance: adjusted EPS $6.25‑$7.25 (mid $6.75) slightly above consensus, revenue $41.5‑$43.1 bn (mid $42.3 bn) below consensus.