American Axle (AXL) Tops Q3 EPS by 90c, Offers FY Guidance

American Axle (NYSE: AXL) reported Q3 EPS of $1.15, $0.90 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.43 billion.

GUIDANCE:

American Axle sees FY2020 revenue of $4.6 billion, versus the consensus of $4.64 billion.

• Sales of approximately $4.6 billion
• Adjusted EBITDA in the range of $665 - $680 million
• Adjusted free cash flow in the range of $220 - $235 million

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

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