AAM Reports Third Quarter 2022 Financial Results

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American Axle (AXL) Misses Q3 EPS by 2c, Updates Guidance

November 4, 2022 8:04 AM EDT

American Axle (NYSE: AXL) reported Q3 EPS of $0.27, $0.02 worse than the analyst estimate of $0.29. Revenue for the quarter came in at $1.54 billion versus the consensus estimate of $1.49 billion.

GUIDANCE:

American Axle sees FY2022 revenue of $5.75-5.85 billion, versus the... More