American Axle (AXL) Tops Q4 EPS by 4c, FY Revenue Guidance Beats

American Axle (NYSE: AXL) reported Q4 EPS of $0.45, $0.04 better than the analyst estimate of $0.41. Revenue for the quarter came in at $1.69 billion versus the consensus estimate of $1.68 billion.

GUIDANCE:

American Axle sees FY2019 revenue of $7.3-7.4 billion, versus the consensus of $7.24 billion.

• AAM is targeting Adjusted EBITDA in the range of $1.20 to $1.25 billion in 2019.
• AAM is targeting Adjusted free cash flow in the range of $350 to $400 million in 2019.

For earnings history and earnings-related data on American Axle (AXL) click here.

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