Earnings Outlook For American Axle & Mfg Hldgs

American Axle & Mfg Hldgs AXL is set to give its latest quarterly earnings report on Friday, 2022-02-11. Here's what investors need to know before the announcement.

Analysts estimate that American Axle & Mfg Hldgs will likely report an Earnings Per Share (EPS) of $0.02.

American Axle & Mfg Hldgs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at American Axle & Mfg Hldgs's past performance and the resulting price change:

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.03 0.24 0.28
EPS Actual 0.15 0.29 0.57 0.51
Price Change % 2.72% -0.92% 7.38% -7.01%

Stock Performance

Shares of American Axle & Mfg Hldgs were trading at $8.44 as of February 09. Over the last 52-week period, shares are down 13.14%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsBZI-EP
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!