05:18 AM EDT, 05/02/2025 (MT Newswires) -- Magna International ( MGA ) reported Q1 adjusted earnings Friday of $0.78 per diluted share, down from $1.08 a year earlier.

Analysts polled by FactSet expected $0.85.

Sales for the quarter ended March 31 were $10.07 billion, down from $10.97 billion a year earlier.

Analysts surveyed by FactSet expected $9.65 billion.

The automotive parts manufacturer upped its 2025 sales guidance to between $40.0 billion and $41.6 billion, compared with its previous projection of $38.6 billion to $40.2 billion.

Analysts polled by FactSet expect $39.23 billion.