05:58 AM EDT, 08/01/2025 (MT Newswires) -- Magna (MG.TO, MGA), one of the world's largest suppliers in the automotive space, was at last look up 0.3% in US pre-market after earlier Friday reporting Q2 adjusted earnings of US$1.44 per diluted share, up from $1.35 a year earlier. Analysts polled by FactSet expected $1.17.

Sales for the quarter ended June 30 were $10.63 billion, down from $10.96 billion a year earlier.

Analysts surveyed by FactSet expected $10.39 billion.

The automotive parts manufacturer upped its 2025 sales guidance to between $40.4 billion and $42.0 billion, compared with its previous projection of $40.0 billion and $41.6 billion. Analysts polled by FactSet expect $40.41 billion.