American Axle Q1 Earnings Surpass Estimates, 2025 Guidance Revised

American Axle & Manufacturing Holdings (AXL) reported first-quarter 2025 adjusted earnings of 9 cents per share, beating the Zacks Consensus Estimate of 2 cents. The company recorded earnings of 18 cents per share in the year-ago quarter. AXL generated quarterly revenues of $1.41 billion, which missed the Zacks Consensus Estimate of $1.42 billion. Revenues declined 12.2% on a year-over-year basis.Segmental Performance of AXLIn the reported quarter, the Driveline segment recorded sales of $957.8 million, dow ...