American Axle & Manufacturing Hlds

American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the following segments: Driveline and Metal Forming. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment manufactures axle shafts, ring and pinion gears, differential gears, transmission gears, and shafts and suspension components for original equipment manufacturers (OEMs), and Tier 1 automotive suppliers. The company was founded by Richard E. Dauch on March 1, 1994 and is headquartered in Detroit, MI.

Earnings data Q1 2024

AAM reports Q1 loss, secures Stellantis deal for EV program

AAM's Q1 performance was impacted by production volatility and supply chain disruption, resulting in a loss of $0.01 per share. The company maintains its 2023 guidance and has exciting business updates, including a supply agreement with Stellantis for e-Beam Axles. However, challenges exist in the uncertainty surrounding EV adoption rates and affordability. AAM sees opportunities in its significant backlog associated with EV products and the potential for derivatives based on market needs.

AXL reports strong Q2 earnings, focuses on growth in Europe and China

AXL reported strong financial performance in Q2 2023, highlighted new business wins, and provided guidance for future performance. The company faces challenges related to launch costs, industry dynamics, and customer production schedules but sees opportunities in pursuing growth in Europe and China, particularly in electrification. AXL's strategic focus on protecting existing programs while pursuing growth opportunities demonstrates a proactive approach to market demands.

AAM reports Q3 sales impact, secures new business amid challenges

AAM faces challenges from production volatility, work stoppage, and supply chain issues, impacting sales and profitability. However, the company is securing new business and focused on advancing its electrification portfolio. Discussions with customers and potential outsourcing opportunities present avenues for addressing challenges and managing costs.

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American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment manufactures axle shafts, ring and pinion gears, differential gears, transmission gears, and shafts and suspension components for original equipment manufacturers (OEMs), and Tier 1 automotive suppliers. The company was founded by Richard E. Dauch on March 1, 1994, and is headquartered in Detroit, MI.

DETROIT , April 19, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter financial results and other related matters at 10:00 a.m. ET on Friday, May 3, 2024.

AAM to Announce First Quarter Financial Results on May 3

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Here's Why American Axle & Manufacturing (AXL) is a Strong Value Stock

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Why American Axle & Manufacturing (AXL) is a Top Momentum Stock for the Long-Term

Why American Axle & Manufacturing (AXL) is a Top Value Stock for the Long-Term

DETROIT , March 22, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Bank of America Global Automotive Summit on March 27.  AAM is scheduled to present at 11:20 a.m.

AAM to Present at the Bank of America Global Automotive Summit on March 27

DETROIT, March 20, 2024 /PRNewswire/ -- American Axle & Manufacturing (NYSE: AXL) has named Aleksandra A. Miziolek to its Board of Directors.

AAM Names Aleksandra A. Miziolek to Board of Directors

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American Axle (AXL) reports mixed fourth-quarter results and envisions revenues for full-year 2024 in the range of $6.05-$6.35 billion compared with $6.08 billion registered in 2023.

American Axle (AXL) Q4 Loss Narrower Than Expected, Sales Beat

While the top- and bottom-line numbers for American Axle (AXL) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

American Axle (AXL) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

American Axle & Manufacturing (AXL) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.07 per share a year ago.

American Axle & Manufacturing (AXL) Reports Q4 Loss, Tops Revenue Estimates

American Axle & Manufacturing Holdings, Inc. (AXL) Q4 2023 Earnings Call Transcript

AAM Delivers Sequential Margin Improvement DETROIT , Feb. 16, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2023.  Fourth Quarter  2023 Results Sales of $1.46 billion Net loss of $(19.1) million, or (1.3)% of sales Adjusted EBITDA of $169.5 million, or 11.6% of sales Diluted loss per share of $(0.16); Adjusted loss per share of $(0.09) Net cash provided by operating activities of $52.9 million; Adjusted free cash flow of $4.5 million Full Year 2023 Results Sales of $6.08 billion Net loss of $(33.6) million, or (0.6)% of sales Adjusted EBITDA of $693.3 million, or 11.4% of sales Diluted loss per share of $(0.29); Adjusted loss per share of $(0.09) Net cash provided by operating activities of $396.1 million; Adjusted free cash flow of $219.0 million "AAM's fourth quarter performance was on track with our improvement objectives, ending a challenging 2023 on a better trajectory," said AAM's Chairman and Chief Executive Officer, David C.

AAM Reports Fourth Quarter and Full Year 2023 Financial Results

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for American Axle (AXL), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.

Exploring Analyst Estimates for American Axle (AXL) Q4 Earnings, Beyond Revenue and EPS

American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: American Axle & Manufacturing (AXL) Q4 Earnings Expected to Decline

DETROIT , Feb. 5, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss fourth quarter and full year financial results and other related matters at 10:00 a.m. ET on Friday, February 16, 2024.

AAM to Announce Fourth Quarter and Full Year 2023 Financial Results on February 16

Value investing involves buying discounted stocks, but it can be difficult to determine which ones will rebound. American Axle & Manufacturing Holdings is an overlooked opportunity, despite its recent stock decline. The company's fundamental performance shows both positive and negative aspects, but it is trading at cheap levels.

American Axle & Manufacturing Holdings: Staying The Course

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DETROIT , Nov. 22, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Barclays Global Automotive and Mobility Tech Conference on November 30. AAM is scheduled to present at 2:35 p.m.

AAM to Present at the Barclays Global Automotive and Mobility Tech Conference on November 30

DETROIT , Nov. 22, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Bank of America Securities 2023 Leveraged Finance Conference on November 28. AAM is scheduled to present at 10:10 a.m.

AAM to Present at the Bank of America Securities 2023 Leveraged Finance Conference on November 28

NEW YORK--(BUSINESS WIRE)---- $AXL #axelar--Ondo Finance, the leading issuer of tokenized secure notes and on-chain Treasuries, joins forces with Axelar, the leading Web3 interoperability platform, to introduce Ondo Bridge, an innovative cross-chain solution inspired by Circle's Cross-Chain Transfer Protocol (CCTP). The Ondo Bridge simplifies the movement of Ondo Tokens such as the yield-bearing stablecoin USDY across blockchain networks for a seamless user experience. Bridging the Gap for Cross-Chain Tokenized.

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American Axle (AXL) now envisions full-year 2023 revenues in the range of $6-$6.1 billion compared with $5.95-$6.25 billion projected in the previous quarter.

American Axle (AXL) Q3 Loss Wider Than Expected, Revenues Beat

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American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q3 2023 Earnings Conference Call November 3, 2023 10:00 AM ET Company Participants David Lim - Head of Investor Relations David Dauch - Chairman and Chief Executive Officer Christopher May - Executive Vice President and Chief Financial Officer Conference Call Participants Ryan Brinkman - JPMorgan Chase & Co. James Picariello - BNP Paribas Exane. Douglas Karson - Bank of America Merrill Lynch Tom Narayan - RBC Capital Markets Joseph Spak - UBS Dan Levy - Barclays Capital Operator Good morning, everyone.

American Axle & Manufacturing Holdings, Inc. (AXL) Q3 2023 Earnings Call Transcript

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The headline numbers for American Axle (AXL) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

News for American Axle & Manufacturing Hlds Stock (AXL)