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American Axle & Manufacturing Q1 2024 Earnings Report

American Axle & Manufacturing logo
$5.78 -0.11 (-1.87%)
(As of 12/20/2024 05:15 PM ET)

American Axle & Manufacturing EPS Results

Actual EPS
$0.18
Consensus EPS
$0.02
Beat/Miss
Beat by +$0.16
One Year Ago EPS
-$0.01

American Axle & Manufacturing Revenue Results

Actual Revenue
$1.61 billion
Expected Revenue
$1.52 billion
Beat/Miss
Beat by +$82.84 million
YoY Revenue Growth
+7.60%

American Axle & Manufacturing Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

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American Axle & Manufacturing Earnings Headlines

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Morgan Stanley Keeps Their Buy Rating on American Axle (AXL)
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About American Axle & Manufacturing

American Axle & Manufacturing (NYSE:AXL), together with its subsidiaries, designs, engineers, and manufactures driveline and metal forming technologies that supports electric, hybrid, and internal combustion vehicles. It operates through two segments, Driveline and Metal Forming segments. The Driveline segment offers front and rear axles, driveshafts, differential assemblies, clutch modules, balance shaft systems, disconnecting driveline technology, and electric and hybrid driveline products and systems for light trucks, sport utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment provides range of products, such as engine, transmission, driveline, and safety-critical components for traditional internal combustion engine and electric vehicle architectures, including light vehicles, commercial vehicles, and off-highway vehicles, as well as products for industrial markets. It operates in North America, Asia, Europe, and South America. American Axle & Manufacturing Holdings, Inc. was founded in 1994 and is headquartered in Detroit, Michigan.

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