AAM Reports Fourth Quarter and Full Year 2020 Financial Results
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American Axle (AXL) Tops Q4 EPS by 23c, Revenues Beat; Offers FY21 Revenue Mid-Point Guidance Below Consensus
February 12, 2021 8:04 AM ESTAmerican Axle (NYSE: AXL) reported Q4 EPS of $0.51, $0.23 better than the analyst estimate of $0.28. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.36 billion.
Fourth Quarter 2020 Results
Sales of $1.44 billionNet income attributable to AAM of $36.0 million, or 2.5% of salesAdjusted EBITDA of $261.5 million, or 18.2% of salesDiluted earnings per share of $0.30; Adjusted earnings per share of $0.51Net cash... More