Magna reports Q2 sales edged higher, as profit up from a year ago

Magna International Stock Hits 52-Week High - Here's Why - Magna International (NYSE:MGA)

Magna raised full-year 2026 EPS guidance to $6.70-$7.30 after beating Q2 with record adjusted earnings of $1.86 per share, up 29% YoY. Operating cash flow surged 52% to $954M while the company deployed $465M in buybacks, signaling robust margin expansion and supply-chain stability amid macroeconomic uncertainty.