American Axle (AXL) Reports In-Line Q1 EPS, provides guidance

American Axle (NYSE: AXL) reported Q1 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.39 billion.

GUIDANCE:

American Axle sees FY 2025 revenue of $5.65-5.95 billion, versus the consensus of $5.82 billion. AAM is targeting Adjusted EBITDA in the range of $665 - $745 million vs. $700 - $760 million prior.
AAM is targeting Adjusted free cash flow in the range of $165 - $215 million vs. $200 - $230 million prior; this target assumes capital spending of approximately 5% of sales.

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

You May Also Be Interested In

• Movano (MOVE) Misses Q2 EPS by 195c
• Full Circle Lithium closes $5.14M private placement
• Boeing lands two U.S. defense contracts worth over $711M