Magna International (NYSE:MGA) reported quarterly earnings of $1.86 per share which beat the analyst consensus estimate of $1.61 by 15.53 percent. This is a 29.17 percent increase over earnings of $1.44 per share from the same period last year. The company reported quarterly sales of $10.980 billion which beat the analyst consensus estimate of $10.701 billion by 2.60 percent. This is a 3.28 percent increase over sales of $10.631 billion the same period last year.