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; Ad ...

Wall Street analysts expect American Axle & Manufacturing (AXL) to post quarterly loss of $0.16 per share in its upcoming report, which indicates a year-over-year decline of 128.6%. Revenues are expected to be $1.47 billion, up 5.6% from the year-ago quarter.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted downward by 20% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.Ahead of a company ...

American Axle & Manufacturing (AXL) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 16, 2024, might help the stock move higher if these key numbe ...

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.  A press release announcing the results will be issued before the market opens on the same day and will be available at www.aam.com. To participate by phone, please dial: (877) 883-0383 from the United States (412) 902-6506 from outside the United Sta ...

igoriss/iStock via Getty Images When it comes to investing, particularly value investing, you should be prepared to be wrong for a long period of time. The very nature of value investing involves buying stocks that are discounted, often because they are either overlooked by the market or unpopular. They may not be the healthiest companies, but they are still trading on the cheap. Of course, there's a fine line between buying a discounted stock and buying what is destined to be a falling knife. And even the ...

Immersive exhibit highlights AAM's continued commitment to supporting OEM's move toward electrification DETROIT, Jan. 9, 2024 /PRNewswire/ -- American Axle & Manufacturing (AAM) (NYSE: AXL) is at the forefront of helping the world's largest automakers transition to electric vehicles by creating the industry's most innovative driveline technologies for passenger cars and trucks. At CES 2024, AAM will showcase its award-winning, next-generation 3-in-1 electric drive units (eDUs), fully integrated e-Beam axles ...

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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____________ to _____________ Commission File Number: 1-14303 | --- | --- | |--------------------------------------------------------------------------------------- ...

Third Quarter 2023 Earnings Call Forward-Looking Statements In this presentation, we make statements concerning our expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect our future financial position and operating results. The terms such as “will,” “may,” “could,” “would,” “plan,” “believe,” “expec ...

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) Q2 2023 Earnings Conference Call August 4, 2023 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 John Murphy – Bank of America Ryan Brinkman – JPMorgan Dan Levy – Barclays James Picariello – BNP Paribas Tom Narayan – RBC Operator Good morning, everyone. My name is Jamie, and I will be your ...