05:57 AM EDT, 07/31/2026 (MT Newswires) -- Magna International ( MGA ) reported second-quarter adjusted earnings per share of $1.86, up from $1.44.

Analysts polled by FactSet expected $1.53.

Sales were $10.98 billion, up from $10.63 billion.

Analysts expected $10.73 billion.

The company raised its adjusted EPS outlook to a range of $6.70 to $7.30, from the previous outlook of $6.25 to $7.25. Total sales outlook was reduced to $41.3 billion to $42.5 billion, from $41.5 billion to $43.1 billion.

Magna's board declared a second-quarter dividend of $0.495 per common share, payable on Aug. 28 to shareholders of record as of Aug. 14.