Equity Profile

MGA

Magna International Inc.

Consumer DiscretionaryAutomotive Parts & Equipment$18.7B

Jul31Fri

Pre-Earnings Brief

UpcomingQ2-2026Pre-Market9:00 AM EDT

Company Snapshot

Magna International Inc. is a leading automotive parts manufacturer that supplies a wide range of components and systems to major car manufacturers....

Key Metrics to Watch

EPS

Earnings per share is a critical measure of profitability and helps investors gauge the company's financial health.

$1.53

Revenue

Revenue indicates the overall sales performance and demand for Magna's products in the automotive market.

$10.7B

Wall Street expectations, options signals, track record, and call prep available with Pro.

MGA Q2-2026 Earnings Preview

Context

Company Snapshot

Magna International Inc. is a leading automotive parts manufacturer that supplies a wide range of components and systems to major car manufacturers. As a key player in the consumer discretionary sector, its performance is closely tied to trends in consumer spending and the automotive industry, including the shift towards electric vehicles.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+9.02%

Avg Stock Reaction

+1.39%

Last Quarter Recap

In Q1 2026, Magna reported an EPS of $1.38, significantly exceeding expectations of $1.01, marking a 36.23% surprise. However, the stock fell 4.46% the following day, indicating market caution despite strong earnings.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are anticipating solid earnings with an EPS of $1.53 and revenue of $10.7 billion for Q2 2026. The market is closely watching how Magna navigates supply chain challenges and consumer demand.

Bull Case

If Magna can leverage its strong earnings momentum and deliver better-than-expected results, it could see a positive stock reaction, especially given its recent history of beating estimates.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance due to ongoing supply chain issues or declining consumer demand, it could lead to a significant drop in stock price.

Key Metrics to Watch

EPS

$1.53

Earnings per share is a critical measure of profitability and helps investors gauge the company's financial health.

Revenue

$10.7B

Revenue indicates the overall sales performance and demand for Magna's products in the automotive market.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Magna's EPS exceed the consensus estimate of $1.53?

A beat on EPS could reinforce investor confidence and lead to a positive stock reaction, especially given the company's recent strong performance.

What guidance will Magna provide regarding future revenue growth?

Future revenue guidance will be critical in assessing the company's ability to navigate market challenges and maintain growth, influencing investor sentiment.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Magna's ability to capitalize on the growing demand for electric vehicle components, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

Magna's recent EPS surprises indicate a trend of outperforming expectations, suggesting potential for continued strength.

The options market is pricing in a larger move than historical averages, indicating heightened investor interest and potential for volatility.

Key Risk

If Magna reports strong demand for electric vehicle components, it could significantly shift market expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Magna can sustain its recent earnings momentum in the face of potential supply chain disruptions and changing consumer preferences.

Bull Confirmed If

An EPS of $1.60 or higher, coupled with revenue exceeding $10.8 billion, would confirm the bullish outlook.

Bear Confirmed If

An EPS below $1.45 or revenue under $10.6 billion would support the bearish case.

Pre-Earnings Positioning

Options Market

Implied Move

±14.17%

Historical Avg

±6.5%

Pricing rich

The options market is pricing in a significant move around the earnings report, suggesting that traders expect volatility based on the upcoming results.

Options are pricing ±14.2% while MGA has averaged ±6.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

39.1%

Calls (70K)P/C Ratio: 2.80Puts (700)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

This setup has occurred 30 times across Consumer Discretionary in the last 2 years. 13 of 21 (62%) held or extended their move within 5 days — this setup typically holds direction. The average absolute 1-day move is 4.9%, with a raw directional average of +2.2% (modestly positive historical bias).

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Magna beats expectations and raises guidance, history suggests a potential stock increase of around 3.27%, confirming the positive momentum.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may experience a muted reaction, reflecting uncertainty.

Miss

A miss on earnings could lead to a decline of about 1.74%, as seen in past quarters, indicating market disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain issues and their impact on production.
2Insights into demand trends for electric vehicle components.
3Management's outlook on revenue growth for the upcoming quarters.
4Details on cost management strategies in the current economic environment.
5Any commentary on new partnerships or contracts that could drive future growth.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

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Company Snapshot

Magna International Inc. is a leading automotive parts manufacturer that supplies a wide range of components and systems to major car manufacturers....

Key Metrics to Watch

EPS

Earnings per share is a critical measure of profitability and helps investors gauge the company's financial health.

$1.53

Revenue

Revenue indicates the overall sales performance and demand for Magna's products in the automotive market.

$10.7B

Wall Street expectations, options signals, track record, and call prep available with Pro.

MGA Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

63%

Avg EPS Surprise

+9.02%

Avg Stock Reaction

+1.39%

Last Quarter Recap

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts are anticipating solid earnings with an EPS of $1.53 and revenue of $10.7 billion for Q2 2026. The market is closely watching how Magna navigates supply chain challenges and consumer demand.

Bull Case

If Magna can leverage its strong earnings momentum and deliver better-than-expected results, it could see a positive stock reaction, especially given its recent history of beating estimates.

Bear Case

Conversely, if the company fails to meet expectations or provides weak guidance due to ongoing supply chain issues or declining consumer demand, it could lead to a significant drop in stock price.

Key Metrics to Watch

EPS

$1.53

Earnings per share is a critical measure of profitability and helps investors gauge the company's financial health.

Revenue

$10.7B

Revenue indicates the overall sales performance and demand for Magna's products in the automotive market.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will Magna's EPS exceed the consensus estimate of $1.53?

A beat on EPS could reinforce investor confidence and lead to a positive stock reaction, especially given the company's recent strong performance.

What guidance will Magna provide regarding future revenue growth?

Future revenue guidance will be critical in assessing the company's ability to navigate market challenges and maintain growth, influencing investor sentiment.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate Magna's ability to capitalize on the growing demand for electric vehicle components, which could lead to stronger-than-expected revenue growth.

Supporting Evidence

Magna's recent EPS surprises indicate a trend of outperforming expectations, suggesting potential for continued strength.

The options market is pricing in a larger move than historical averages, indicating heightened investor interest and potential for volatility.

Key Risk

If Magna reports strong demand for electric vehicle components, it could significantly shift market expectations.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether Magna can sustain its recent earnings momentum in the face of potential supply chain disruptions and changing consumer preferences.

Bull Confirmed If

An EPS of $1.60 or higher, coupled with revenue exceeding $10.8 billion, would confirm the bullish outlook.

Bear Confirmed If

An EPS below $1.45 or revenue under $10.6 billion would support the bearish case.

Pre-Earnings Positioning

Options Market

Implied Move

±14.17%

Historical Avg

±6.5%

Pricing rich

The options market is pricing in a significant move around the earnings report, suggesting that traders expect volatility based on the upcoming results.

Options are pricing ±14.2% while MGA has averaged ±6.5% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

39.1%

Calls (70K)P/C Ratio: 2.80Puts (700)

Edge

Historical Setup Match

Cross-company pattern from 30 similar setups.

Prior-quarter beat + options rich in Consumer Discretionary

n=30

Fade rate: 8 of 21 (38%)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Magna beats expectations and raises guidance, history suggests a potential stock increase of around 3.27%, confirming the positive momentum.

In-Line / Cautious

If results are in line with expectations but management's commentary is cautious, the stock may experience a muted reaction, reflecting uncertainty.

Miss

A miss on earnings could lead to a decline of about 1.74%, as seen in past quarters, indicating market disappointment.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on supply chain issues and their impact on production.
2Insights into demand trends for electric vehicle components.
3Management's outlook on revenue growth for the upcoming quarters.
4Details on cost management strategies in the current economic environment.
5Any commentary on new partnerships or contracts that could drive future growth.