11:58 AM EST - Magna International Inc. : reported a first-quarter loss of $200 million or $1.79 per share, compared to net income of $207 million or $1.78 per share in the same quarter of last year. Analysts polled by Thomson Reuters expected the company to report a loss of $1.59 per share for the quarter. Analysts' estimates typically exclude special items. Sales for the quarter were $3.57 billion, compared to $6.62 billion in the prior year quarter. Ten analysts had consensus revenue estimate of $3.86 billion for the quarter. Magna International Inc.
shares T.MG.A are trading up $1.30 at $44.42.
