Magna International (TSX:MG) reported quarterly earnings of $1.38 per share which beat the analyst consensus estimate of $0.82 by 68.29 percent. This is a 76.92 percent increase over earnings of $0.78 per share from the same period last year. The company reported quarterly sales of $10.381 billion which beat the analyst consensus estimate of $8.252 billion by 25.79 percent. This is a 3.10 percent increase over sales of $10.069 billion the same period last year.