American Axle (AXL) Tops Q1 EPS by 11c

American Axle (NYSE: AXL) reported Q1 EPS of $0.99, $0.11 better than the analyst estimate of $0.88. Revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.06 billion.

• First quarter sales of $1.05 billion
• Gross profit of $210.7 million, or 20.1% of sales
• Net income of $78.4 million, or 7.5% of sales
• Diluted earnings per share of $0.99
• Net cash provided by operating activities of $62.3 million
• Adjusted EBITDA of $183.6 million, or 17.5% of sales
• Adjusted earnings per share of $1.03
• Adjusted free cash flow of $60.5 million

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

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