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.

Advancement of New Electrification Business Continues DETROIT , May 5, 2023 /PRNewswire/ --  American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter 2023.  First Quarter  2023 Results Sales of $1.49 billion Net loss of $(5.1) million, or (0.3)% of sales Adjusted EBITDA of $175.4 million, or 11.7% of sales Diluted loss per share of $(0.04); Adjusted loss per share of $(0.01) Net cash provided by operating activities of $32.1 million; Adjusted free cash flow of $(17.1) million "AAM's financial performance in the first quarter reflects customer production shutdowns and continued supply chain volatility.

AAM Reports First Quarter 2023 Financial Results

Featuring AAM's Integrated 3-in-1 e-Drive Technology DETROIT , May 5, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL), a leading global Tier 1 automotive supplier of driveline and metal forming technologies, announced it has secured a new contract to supply electric beam (e-Beam) axles for a future electric vehicle program with Stellantis.  The future program is expected to begin production in the latter part of the decade, and will feature both front and rear e-Beam axles that include AAM's integrated 3-in-1 e-Drive technology.

AAM Awarded Contract to Supply e-Beam Axles for a Future Electric Vehicle Program with Stellantis

American Axle (AXL) possesses 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) Expected to Beat Earnings Estimates: Should You Buy?

DETROIT , April 24, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter results and other related matters at 10:00 a.m. ET on Friday, May 5.

AAM to Announce First Quarter Financial Results on May 5

DETROIT , April 3, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Bank of America's 2023 Global Automotive Summit on April 5. AAM is scheduled to present at 9:40 a.m.

AAM to Present at Bank of America's 2023 Global Automotive Summit on April 5

DETROIT , March 30, 2023 /PRNewswire/ -- General Motors recognized American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) as an Overdrive award winner as part of GM's 31st annual Supplier of the Year awards. AAM was one of 16 companies to earn an Overdrive award for 2022.

AAM Receives 2022 Overdrive Award from General Motors

Global Tier 1 Supplier Recognized for Using Shainin Problem-Solving Methods DETROIT , March 22, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) has received a Dorian Award for Bottom Line Improvement through applying Shainin methods of problem solving. "The Dorian Award celebrates excellence in engineering, and recognizes the contributions of individuals and teams in pushing the boundaries of innovation," said David C.

AAM Wins Dorian Award for Bottom Line Improvement

It is worth noting that American Axle is involved in the technological developments for electric or hybrid cars, which are currently delivering substantial business growth. Recent agreements with large corporations for product development indicate that American Axle may be finding demand as the market grows.

American Axle Is Risky But Has Signed Contracts With NIO And Mercedes

American Axle's (AXL) Q4 earnings miss estimates due to lower-than-anticipated sales from the Driveline unit and lower-than-anticipated adjusted EBITDA in the Metal Forming unit.

American Axle's (AXL) Q4 Earnings Miss, Revenues Grow Y/Y

American Axle & Manufacturing Holdings continues to generate promising financial results, even though it experienced a bit of weakness in EBITDA. Guidance for 2023 indicates that the picture should improve from here.

American Axle: Mr. Market Is Ignoring This Value Play

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q4 2022 Earnings Conference Call February 17, 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 John Murphy - Bank of America Merrill Lynch Dan Levy - Barclays Bank PLC Emmanuel Rosner - Deutsche Bank James Picariello - BNP Paribas Ryan Brinkman - JPMorgan Chase & Co. Operator Good morning, everyone. My name is Jamie, and I will be your conference facilitator today.

American Axle & Manufacturing Holdings, Inc. (AXL) Q4 2022 Earnings Call Transcript

How fast does American Axle stock have to grow to justify a share price this low?

Why American Axle Stock Lost 10% This Morning

Shares of American Axle & Manufacturing Holdings Inc. AXL, +1.52% sank 8.5% in premarket trading, after the maker of auto driveline systems and components reported a surprise fourth-quarter loss, amid customer production schedule volatility and ongoing supply chain challenges. The company swung to net income of $13.9 million, or 11 cents a share, from a net loss of $46.3 million, or 41 cents a share, in the year-ago period.

American Axle stock sinks after a surprise fourth-quarter loss

AAM Concludes 2022 With Strong Cash Flow Delivery DETROIT , Feb. 17, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2022.  Fourth Quarter  2022 Results Sales of $1.39 billion Net income attributable to AAM of $13.9 million, or 1.0% of sales, which includes Malvern fire recoveries, net Adjusted EBITDA of $157.7 million, or 11.3% of sales Diluted earnings per share of $0.11; Adjusted loss per share of $(0.07) Net cash provided by operating activities of $148.5 million; Adjusted free cash flow of $99.0 million Full Year 2022 Results Sales of $5.80 billion Net income attributable to AAM of $64.3 million, or 1.1% of sales Adjusted EBITDA of $747.3 million, or 12.9% of sales Diluted earnings per share of $0.53; Adjusted earnings per share of $0.60 Net cash provided by operating activities of $448.9 million; Adjusted free cash flow of $313.0 million "AAM delivered strong cash flow performance in 2022 while navigating customer production schedule volatility and ongoing supply chain challenges," said AAM's Chairman and Chief Executive Officer, David C.

AAM Reports Fourth Quarter and Full Year 2022 Financial Results

AAM Ranks in Top Four of Automotive Industry DETROIT , Feb. 16, 2023 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) is once again on Forbes list of America's Best Large Employers. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider.

Forbes Names AAM Among its 500 Best Large Employers in America for Second Consecutive Year

DETROIT , Feb. 16, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Citi's 2023 Global Industrial Tech and Mobility Conference on February 21.  AAM is scheduled to present at 11:20 a.m.

AAM to Present at Citi's 2023 Global Industrial Tech and Mobility Conference on February 21

Leading Tier 1 supplier moves up in rankings on prestigious list DETROIT , Feb. 14, 2023 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) has been recognized by Newsweek as one of America's Most Responsible Companies for 2023. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider.

AAM Recognized by Newsweek as One of America's Most Responsible Companies for 2023

DETROIT , Feb. 10, 2023 /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 17, 2023.

AAM to Announce Fourth Quarter and Full Year 2022 Financial Results on February 17

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: Should You Buy?

DETROIT , Jan. 3, 2023 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will webcast the management presentation portion of AAM's Technology Day on January 4 at 1:00 p.m. PT (4:00 p.m.

AAM To Webcast Technology Day January 4

DETROIT , Dec. 1, 2022 /PRNewswire/ -- American Axle & Manufacturing Inc. (AAM) (NYSE: AXL), a leading global Tier 1 automotive supplier of driveline and metal forming technologies, and EKA Mobility, an electric vehicle and technology company, have announced a collaboration whereby AAM will supply EKA Mobility's first ever e-Beam axle for the company's 2.5T battery electric commercial vehicle. EKA Mobility is a subsidiary of Pinnacle Industries Limited, India's largest integrated commercial vehicle seating, interiors and specialty vehicles company.

EKA Mobility's Next-Generation Commercial Electric Vehicles to Feature AAM's e-Beam Technology

DETROIT , Nov. 30, 2022 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) continues its drive to sustainability leadership, achieving validation of its net-zero emissions targets by the climate-action organization Science Based Targets initiative. SBTi is a global initiative leading the way to a zero-carbon economy by driving the establishment of ambitious, science-based emissions-reduction targets in various industries.

AAM Achieves Top Industry Validation for Emissions Targets

DETROIT , Nov. 28, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Bank of America Securities 2022 Leveraged Finance Conference on November 29.  AAM is scheduled to present at 9:30 a.m.

AAM to Present at the Bank of America Securities 2022 Leveraged Finance Conference on November 29

American Axle (AXL) gains from its diverse portfolio and notable business wins but faces a stiff supply chain brought on by the chip crisis, along with commodity inflation and high leverage.

Here's Why Investors Should Hold American Axle (AXL) Stock Now

American Axle & Manufacturing Holdings has been very volatile lately due to rumors of takeover interest. While this could prove positive for investors, the key is to focus on fundamentals, and the picture from that perspective is getting better.

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