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.

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American Axle & Manufacturing reports Q4 loss, eyes growth opportunities

American Axle & Manufacturing (AXL) navigated through supply chain disruptions and higher input costs in Q4 2022, focusing on electrification and legacy business achievements. The company aims to address challenges in 2023 by reducing debt, investing in electrification, and optimizing operations for margin expansion.

American Axle & Manufacturing reports strong Q1 performance amidst EV focus

American Axle & Manufacturing's Q1 2023 performance reflects a strong financial position and leadership in electric propulsion technology. While facing challenges related to launch costs and industry uncertainties, the company is strategically positioned to capitalize on opportunities in the growing EV market.

American Axle & Manufacturing reports resilient Q2 performance and strategic wins

American Axle & Manufacturing's Q2 2023 earnings call highlighted solid financial performance, strategic wins in electrification, and efforts towards industry stabilization. Despite challenges like production volatility and inflation, the company remains optimistic about growth opportunities and operational improvements.

American Axle & Manufacturing navigates challenges, secures electrification growth

American Axle & Manufacturing faced challenges in Q3 due to operational issues and customer distractions, impacting negotiations. However, the company showcased resilience by securing new electrification business and generating strong cash flow.
AAM's strategic focus on advancing its electrification portfolio and addressing cost challenges present growth opportunities. Conversations with OEMs may shift towards outsourcing, leveraging AAM's lower cost structure.
Despite industry challenges, AAM's innovative technologies and strong financial performance position the company for future success and leadership in the evolving electrification market.

American Axle & Manufacturing reports resilient performance amidst industry shifts

Despite challenges like labor costs and program adjustments, AAM's performance in sales and EBITDA remained strong.
The company's focus on electrification, automation, and quality excellence positions it well for future growth.
AAM's proactive approach to addressing industry shifts and exploring strategic opportunities showcases resilience and adaptability.
Balancing cost challenges with productivity initiatives and seizing electrification opportunities are key strategies for AAM.

American Axle & Manufacturing posts strong Q1 results amid EV focus

American Axle & Manufacturing's Q1 performance reflects strength in sales, EBITDA, and strategic contract wins for EV components.
While facing financial challenges and restructuring actions, the company's focus on electrification and efficiency presents growth opportunities.
With a clear guidance for 2024 and a commitment to innovation, AAM is poised to navigate challenges and capitalize on market trends.

American Axle & Manufacturing (AXL) reports robust Q2 performance and raises full-year guidance

American Axle & Manufacturing (AXL) delivered a strong Q2 performance, securing new business and raising full-year guidance. While facing operational challenges and debt reduction goals, the company remains focused on growth opportunities presented by evolving industry trends. AAM's commitment to diversity and workplace culture also stands out as a strength.

American Axle & Manufacturing posts strong Q3 results amid EV focus

American Axle & Manufacturing (AXL) delivered a robust performance in Q3 2024, driven by operational efficiency and strategic contract wins.
While facing challenges in the evolving automotive landscape, AAM's focus on cost control and profitability growth positions it for long-term success.
With a strong financial outlook for 2024 and a commitment to driving efficiency, AAM remains resilient amidst industry changes and competitive pressures.

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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.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q3 2024 Earnings Conference Call November 8, 2024 10:00 AM ET Company Participants David Lim - Head, IR David Dauch - Chairman and CEO Chris May - EVP and CFO Conference Call Participants Ryan Brinkman - JPMorgan John Murphy - Bank of America Joe Spak - UBS Dan Levy - Barclays Tom Narayan - RBC James Picariello - BNP Operator Good morning. My name is Betsy, and I will be your conference facilitator today.

American Axle & Manufacturing Holdings, Inc. (AXL) Q3 2024 Earnings Call Transcript

American Axle & Manufacturing (AXL) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to loss of $0.11 per share a year ago.

American Axle & Manufacturing (AXL) Beats Q3 Earnings Estimates

AAM Delivers Positive Year-Over-Year Performance DETROIT , Nov. 8, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2024.  Third Quarter  2024 Results Sales of $1.50 billion Net income of $10.0 million, or 0.7% of sales Adjusted EBITDA of $174.4 million, or 11.6% of sales Diluted earnings per share of $0.08; Adjusted earnings per share of $0.20 Net cash provided by operating activities of $143.6 million; Adjusted free cash flow of $74.6 million "AAM delivered solid third quarter financial performance driven by productivity and operating efficiencies," said AAM's Chairman and Chief Executive Officer, David C.

AAM Reports Third Quarter 2024 Financial Results

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Should Value Investors Buy American Axle & Manufacturing Holdings (AXL) Stock?

Dublin, Nov. 05, 2024 (GLOBE NEWSWIRE) -- The "Commercial Vehicle Propeller Shafts - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Commercial Vehicle Propeller Shafts was estimated at US$14.9 Billion in 2023 and is projected to reach US$18.3 Billion by 2030, growing at a CAGR of 3.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The growth in the commercial vehicle propeller shaft market is driven by several factors, each deeply interconnected with technological advancements, changing regulatory landscapes, and shifts in consumer demand. One of the primary drivers is the increasing focus on fuel efficiency and the reduction of carbon emissions. In response to stringent environmental regulations worldwide, manufacturers are prioritizing lighter, stronger materials such as carbon fiber and aluminum for propeller shafts, which help improve fuel efficiency and reduce overall vehicle weight.

Commercial Vehicle Propeller Shafts Global Strategic Business Report 2024-2030 Featuring Leading Players - American Axle & Manufacturing, CARDONE, Dana, Dorman, GKN, ZF Friedrichshafen

The mean of analysts' price targets for American Axle (AXL) points to a 26.8% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

How Much Upside is Left in American Axle (AXL)? Wall Street Analysts Think 26.84%

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.

American Axle & Manufacturing (AXL) Earnings Expected to Grow: What to Know Ahead of Q3 Release

DETROIT , Oct. 25, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss third quarter financial results and other related matters at 10:00 a.m. ET on Friday, November 8, 2024.

AAM to Announce Third Quarter Financial Results on November 8

Are Investors Undervaluing American Axle & Manufacturing Holdings (AXL) Right Now?

DETROIT , Oct. 17, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement to sell its commercial vehicle axle business and related assets in India (AAM India Manufacturing Corporation Pvt., Ltd. or AAMIMCPL), to Bharat Forge Limited (BFL), for a purchase price of $65 million, subject to certain customary adjustments at closing.

AAM Announces Sale of Commercial Vehicle Axle Business in India

American Axle (AXL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why American Axle (AXL) is Poised to Beat Earnings Estimates Again

DETROIT , Sept. 5, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Morgan Stanley's 12th Annual Laguna Conference on September 12.

AAM to Present at Morgan Stanley's 12th Annual Laguna Conference on September 12

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American Axle (AXL) reports better-than-expected Q2 results and expects full-year 2024 revenues in the range of $6.10-$6.30 billion compared with the previous estimate of $6.05-$6.35 billion.

American Axle's (AXL) Shares Rise 2% Since Q2 Earnings Beat

Evaluate American Axle's (AXL) reliance on international revenue to better understand the company's financial stability, growth prospects and potential stock price performance.

Unlocking American Axle (AXL) International Revenues: Trends, Surprises, and Prospects

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q2 2024 Earnings Call August 9, 2024 10:00 AM ET Company Participants David Lim - Head, Investor Relations David Dauch - Chairman and Chief Executive Officer Chris May - Executive Vice President and Chief Financial Officer Conference Call Participants Joe Spak - UBS Tom Narayan - RBC Dan Levy - Barclays Itay Michaeli - Citi Jake Scholl - BNP John Murphy - Bank of America Operator Good morning. My name is Gary, and I will be your conference facilitator today.

American Axle & Manufacturing Holdings, Inc. (AXL) Q2 2024 Earnings Call Transcript

It was the specialty auto components manufacturer's turn to bat this earnings season. With its second-quarter performance, it convincingly beat on both the top and bottom lines.

Why American Axle & Manufacturing Stock Rocketed Nearly 5% Higher Today

American Axle & Manufacturing (AXL) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.12 per share a year ago.

American Axle & Manufacturing (AXL) Beats Q2 Earnings and Revenue Estimates

American Axle & Manufacturing Holdings Inc.'s stock AXL, +2.31% soared 8% early Friday, after the maker of auto driveline systems and components swept past estimates for the second quarter. Detroit-based American Axle had net income of $18.2 million, or 15 cents a share, for the quarter, up from $8.0 million, or 7 cents a share, in the year-earlier period.

American Axle's stock soars 8% as earnings top estimates

AAM Delivers Another Solid Quarter DETROIT , Aug. 9, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2024.  Second Quarter  2024 Results Sales of $1.63 billion Net income of $18.2 million, or 1.1% of sales Adjusted EBITDA of $208.4 million, or 12.8% of sales Diluted earnings per share of $0.15; Adjusted earnings per share of $0.19 Net cash provided by operating activities of $142.8 million; Adjusted free cash flow of $97.9 million "AAM's solid second quarter results reflect positive contributions from volume and mix and continued operational performance," said AAM's Chairman and Chief Executive Officer, David C.

AAM Reports Second Quarter 2024 Financial Results

The Zacks Consensus Estimate for American Axle's (AXL) second-quarter earnings and revenues is pegged at 10 cents per share and $1.56 billion, respectively.

American Axle (AXL) to Report Q2 Earnings: What's in Store?

American Axle & Manufacturing is a value investing opportunity with potential for growth and cheap shares. Despite a recent decline in the price of shares, the company's financial results show positive revenue and profitability trends. High debt levels are a concern, but management's focus on debt reduction and positive cash flows make the company an attractive buy.

American Axle & Manufacturing Holdings: Getting Close To An Upgrade

Earnings Preview: American Axle & Manufacturing (AXL) Q2 Earnings Expected to Decline

DETROIT , July 26, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss second quarter financial results and other related matters at 10:00 a.m. ET on Friday, August 9, 2024.

AAM to Announce Second Quarter Financial Results on August 9

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