Company Overview - American Axle & Manufacturing (AXL) is expected to report a year-over-year decline in earnings, with a projected EPS of $0.05, reflecting a decrease of 72.2% [3][10] - Revenues are anticipated to be $1.41 billion, down 12.4% from the same quarter last year [3] Earnings Estimates and Revisions - The consensus EPS estimate has been revised down by 14.34% over the last 30 days, indicating a bearish sentiment among analysts [4] - The Most Accurate Estimate for American Axle is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -77.52% [10][11] Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, but it is more predictive for positive readings [7][8] - American Axle's current Zacks Rank is 3 (Hold), complicating the prediction of an earnings beat [11][16] Historical Performance - In the last reported quarter, American Axle was expected to post a loss of $0.08 per share but delivered a loss of $0.06, resulting in a surprise of +25% [12] - Over the past four quarters, the company has beaten consensus EPS estimates four times [13] Industry Context - Another player in the automotive industry, Dana (DAN), is expected to post earnings of $0.16 per share, indicating a year-over-year change of +700% [17] - Dana's revenues are projected to be $2.28 billion, down 16.6% from the previous year, with an Earnings ESP of -11.02% [18]
Analysts Estimate American Axle & Manufacturing (AXL) to Report a Decline in Earnings: What to Look Out for