Magna reports q4 adjusted earnings of $1.41 per share

Magna announces fourth quarter and 2019 results and raises quarterly cash dividend per share by 10%.q4 adjusted earnings per share $1.41.q4 earnings per share $1.43.q4 earnings per share estimate $1.33 -- refinitiv ibes data.q4 sales $9.4 billion versus refinitiv ibes estimate of $9.2 billion.raised quarterly cash dividend by 10% to $0.40 per share.have not included any adjustment to 2020 outlook related to covid-19.magna international - 40-day labour strike at general motors negatively impacted sales and profitability for both q3 and q4 of 2019 of co.2020 outlook remains unchanged.magna-40-day labour strike at gm which began late in sept 2019 extended into late oct, had negative impact on north american light vehicle production.
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