**Magna International Inc. Reports Strong Q2 Earnings for 2026**
Magna International Inc. (MGA) announced second-quarter adjusted earnings of $1.86 per share on August 9, 2026, marking a 29% increase from the previous year and exceeding analysts’ expectations by 21.57%. The company reported total sales of $10.98 billion, a 3% increase, surpassing the consensus estimate of $10.74 billion.
Operating activities generated cash flow of $954 million, up from $627 million a year earlier, with free cash flow more than doubling to $617 million. Magna raised its adjusted earnings guidance for 2026 to between $6.70 and $7.30 per share and projected free cash flow at $1.75 to $1.85 billion, up from prior estimates.
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