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American Axle (AXL) Tops Q3 EPS by 21c, Beats on Revenues; Boosts FY17 Sales Outlook Above Consensus

November 3, 2017 8:04 AM

American Axle (NYSE: AXL) reported Q3 EPS of $0.86, $0.21 better than the analyst estimate of $0.65. Revenue for the quarter came in at $1.72 billion versus the consensus estimate of $1.63 billion.

AAM Updates Full Year 2017 Outlook

AAM has updated its full year 2017 financial outlook:

Third Quarter 2017 Results

GUIDANCE:

American Axle sees FY2017 revenue of $6.2-6.25 billion, versus the consensus of $6.06 billion.

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

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