American Axle & Manufacturing Narrows FY25 Sales Outlook Range; Q3 Adj. EPS Top Estimates - Update

Core Viewpoint - American Axle & Manufacturing Holdings, Inc. (AAM) has revised its full-year 2025 sales guidance to a range of $5.80 billion to $5.90 billion, which is narrower than the previous range of $5.75 billion to $5.95 billion [1] Group 1 - The company expects average revenues of $5.86 billion for the year based on analyst forecasts [1] - The updated guidance is based on an assumption of North American light vehicle production of approximately 15.1 million units, an increase from the prior forecast range of approximately 14.6 million to 15.1 million units [2]