Post-earnings recap
Reported
Fri, Aug 5, 2011
Est. EPS
—
Est. revenue
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Implied move
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EPS beat rate
75%
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Est. EPS
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Est. Rev
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Impl. Move
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Magna International Inc. reported an EPS of $1.15, which was below expectations, leading to a significant stock drop of 10.9%. The lack of revenue data and guidance updates adds uncertainty to the company's outlook. Investors may be concerned about the company's performance and future prospects given the earnings miss.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.15 | N/A | -15.44% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based solely on numerical results.