AAM Reports Third Quarter 2018 Financial Results

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American Axle (AXL) Misses Q3 EPS by 27c, Revenue Beats, Offers Guidance

November 2, 2018 8:01 AM EDT

American Axle (NYSE: AXL) reported Q3 EPS of $0.63, $0.27 worse than the analyst estimate of $0.90. Revenue for the quarter came in at $1.82 billion versus the consensus estimate of $1.78 billion.

GUIDANCE:

American Axle sees FY2018 revenue of $7.25 billion, versus the consensus of $7.26... More