AAM Reports First Quarter 2017 Financial Results

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American Axle (AXL) Tops Q1 EPS by 11c

May 5, 2017 8:01 AM EDT

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 billionGross profit of $210.7 million, or 20.1% of salesNet income of... More