American Axle & Mfg Hldgs: Q1 Earnings Insights

 

American Axle & Mfg Hldgs AXL reported its Q1 earnings results on Friday, May 6, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

American Axle & Mfg Hldgs beat estimated earnings by 850.0%, reporting an EPS of $0.19 versus an estimate of $0.02.

Revenue was up $11.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 5.14% drop in the share price the next day.

Here's a look at American Axle & Mfg Hldgs's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 0.02   0.03 0.24
EPS Actual -0.09 0.15 0.29 0.57
Revenue Estimate 1.28B 1.18B 1.19B 1.31B
Revenue Actual 1.24B 1.21B 1.28B 1.43B

To track all earnings releases for American Axle & Mfg Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews