Magna International (NYSE:MGA) reported quarterly adjusted earnings of $1.69 per share which beat the analyst consensus estimate of $1.52 by 11.18 percent. This is a 27.07 percent increase over earnings of $1.33 per share from the same period last year. The company reported quarterly sales of $10.63 billion which beat the analyst consensus estimate of $10.34 billion by 2.74 percent. This is a 1.66 percent increase over sales of $10.45 billion the same period last year.
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