AAM Reports First Quarter 2024 Financial Results

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American Axle (AXL) Tops Q1 EPS by 16c, Offers Guidance

May 3, 2024 8:02 AM EDT

American Axle (NYSE: AXL) reported Q1 EPS of $0.18, $0.16 better than the analyst estimate of $0.02. Revenue for the quarter came in at $1.61 billion versus the consensus estimate of $1.53 billion.

GUIDANCE:

American Axle sees FY2024 revenue of $6.05-6.35 billion, versus the... More