Q1: 2026-05-01 Earnings Summary
EPS of $1.88 beats by $0.49
|
Revenue of
$14.11B
(1.48% Y/Y)
beats by $50.96M
Magna International Inc. (MG:CA) Q1 2026 Earnings Call May 1, 2026 8:00 AM EDT
Company Participants
Louis Tonelli - Vice President of Investor Relations
Seetarama Kotagiri - President, CEO & Director
Philip Fracassa - Executive VP & Chief Financial Officer
Conference Call Participants
Alexander Perry - BofA Securities, Research Division
James Picariello - BNP Paribas, Research Division
Dan Levy - Barclays Bank PLC, Research Division
Chris McNally - Evercore ISI Institutional Equities, Research Division
Joseph Spak - UBS Investment Bank, Research Division
Thomas Ito - RBC Capital Markets, Research Division
Emmanuel Rosner - Wolfe Research, LLC
Colin Langan - Wells Fargo Securities, LLC, Research Division
Andrew Percoco - Morgan Stanley, Research Division
Jonathan Goldman - Scotiabank Global Banking and Markets, Research Division
Mark Delaney - Goldman Sachs Group, Inc., Research Division
Michael Glen - Raymond James Ltd., Research Division
Presentation
Operator
Ladies and gentlemen, thank you for standing by. My name is Krista, and I'll be your conference operator today. At this time, I would like to welcome everyone to Magna International First Quarter 2026 Results Webcast and Conference Call. [Operator Instructions]
I would now like to turn the conference over to Louis Tonelli, Vice President of Investor Relations. Louis, please go ahead.
Louis Tonelli
Vice President of Investor Relations
Thanks, operator. Hello, everyone, and welcome to our conference call covering our Q1 2026 results. Joining me today are Swamy Kotagiri and Phil Fracassa. Yesterday, our Board of Directors met and approved our financial results for the first quarter of '26 and our updated outlook. We issued a press release this morning outlining both of these. You'll find today's press release, the conference call webcast, the slide presentation to go along with the call and our updated quarterly financial review all in the Investor Relations section of our website at magna.com.
Before we get started, just as a reminder, the discussion today may
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