AAM Reports Second Quarter 2018 Financial Results

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Go back to AAM Reports Second Quarter 2018 Financial Results

American Axle (AXL) Tops Q2 EPS by 14c, Revenues Beat; Offers FY18 Revenue Guidance Above Consensus

August 3, 2018 8:05 AM EDT

American Axle (NYSE: AXL) reported Q2 EPS of $1.23, $0.14 better than the analyst estimate of $1.09. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.83 billion.

Second Quarter 2018 Results

Sales of $1.90 billionNet income attributable to AAM of $151.1 million, or 7.9% of... More