AAM Reports Third Quarter 2020 Financial Results

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

October 30, 2020 8:02 AM EDT

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... More