American Axle & Mfg Hldgs Q1 Adj $0.18 Beats $0.02 Estimate, Sales $1.61B Beat $1.53B Estimate

Author: Benzinga Newsdesk | May 03, 2024 08:04am
American Axle & Mfg Hldgs (NYSE:AXL) reported quarterly earnings of $0.18 per share which beat the analyst consensus estimate of $0.02 by 800 percent. This is a 1900 percent increase over losses of $(0.01) per share from the same period last year. The company reported quarterly sales of $1.61 billion which beat the analyst consensus estimate of $1.53 billion by 5.16 percent. This is a 7.70 percent increase over sales of $1.49 billion the same period last year.

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