American Axle (AXL) Tops Q1 EPS by 2c, Sees Trends Towards Low End of Guidance Ranges

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AAM Reports First Quarter 2019 Financial Results

May 3, 2019 8:00 AM EDT

DETROIT, May 3, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter 2019.

First Quarter 2019 Results

Sales of $1.72 billion Net income attributable to AAM of $41.6 million, or 2.4% of sales Adjusted EBITDA of $245.0 million, or 14.3% of sales Diluted... More