American Axle Q3 Earnings Beat Expectations, Guidance Revised

American Axle & Manufacturing Holdings (AXL) reported third-quarter 2024 adjusted earnings of 20 cents per share, which surpassed the Zacks Consensus Estimate of a cent. The company had incurred a loss of 11 cents per share in the year-ago quarter.The company generated quarterly revenues of $1.50 billion, missing the Zacks Consensus Estimate of $1.51 billion. Revenues declined 3% on a year-over-year basis.Stay up-to-date with the quarterly releases: See Zacks Earnings Calendar.Segmental PerformanceIn the re ...