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American Axle & Manufacturing (AXL) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Core Viewpoint - The market anticipates a year-over-year decline in earnings for American Axle & Manufacturing (AXL) due to lower revenues, with a focus on how actual results compare to estimates [1][2]. Earnings Expectations - American Axle is expected to report quarterly earnings of $0.13 per share, reflecting a year-over-year decrease of 31.6% [3]. - Revenues are projected to be $1.51 billion, down 7.8% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 16.88% higher in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for American Axle is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +17.59% [12]. Earnings Surprise Prediction - A positive Earnings ESP is a strong indicator of an earnings beat, especially when combined with a Zacks Rank of 1, 2, or 3 [10]. - American Axle currently holds a Zacks Rank of 3, suggesting a likelihood of beating the consensus EPS estimate [12]. Historical Performance - In the last reported quarter, American Axle exceeded the expected earnings of $0.02 per share by delivering $0.09, resulting in a surprise of +350.00% [13]. - Over the past four quarters, the company has consistently beaten consensus EPS estimates [14]. Industry Context - Another player in the automotive industry, Adient (ADNT), is expected to post earnings of $0.47 per share, indicating a year-over-year increase of 46.9% [18]. - Adient's revenues are anticipated to be $3.56 billion, down 4.2% from the previous year, with a revised EPS estimate up by 15.3% in the last 30 days [19].