What to Expect from Magna International

Magna International (NYSE: MGA  ) is expected to report Q1 earnings on May 10. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Magna International's revenues will grow 6.2% and EPS will wane -0.7%.

The average estimate for revenue is $8.14 billion. On the bottom line, the average EPS estimate is $1.45.

Revenue details
Last quarter, Magna International reported revenue of $8.03 billion. GAAP reported sales were 11% higher than the prior-year quarter's $7.25 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $1.69. GAAP EPS of $1.49 for Q4 were 13% higher than the prior-year quarter's $1.32 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 12.1%, 90 basis points better than the prior-year quarter. Operating margin was 4.3%, 30 basis points better than the prior-year quarter. Net margin was 4.4%, 10 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $32.71 billion. The average EPS estimate is $5.57.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 169 members out of 192 rating the stock outperform, and 23 members rating it underperform. Among 50 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give Magna International a green thumbs-up, and two give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Magna International is hold, with an average price target of $54.24.

The rich are different than you and me: They might not notice the moneymaking stories right under our noses. In our new report, "Middle-Class Millionaire-Makers: 3 Stocks Wall Street's Too Rich to Notice," we give you three Peter Lynch-inspired buy-what-you-know stocks for the 99%. Click here for instant access to this free report.

Add Magna International to My Watchlist.