Magna International Inc. reported third-quarter 2026 adjusted earnings of $1.83 per share, above analysts’ $1.59 consensus estimate and up 38% from $1.33 a year earlier. Revenue fell 4% to $10.059 billion but exceeded the $10.014 billion estimate. Adjusted EBIT increased 11% to $683 million, lifting the margin to 6.8% from 5.9%, as productivity improvements, favorable commercial items and tariff recoveries offset lower sales. Net income attributable to Magna rose to $383 million from $305 million, while GAAP earnings increased to $1.44 per share from $1.08. Magna lowered its 2026 revenue forecast to $41.2 billion-$42 billion and narrowed its adjusted EPS and EBIT-margin ranges, while retaining a $7 midpoint for adjusted EPS. It raised its free-cash-flow forecast to $1.85 billion-$1.90 billion. The company returned $658 million to shareholders during the quarter and approved a buyback covering approximately 25.8 million shares, subject to Toronto Stock Exchange approval. The quarterly dividend was set at 49.5 cents per share.