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

While reporting financial results for the third quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said it now expects sales for the full-year 2025 in a range of $5.80 billion to $5.90 billion, narrower than the prior guidance range of $5.75 billion to $5.95 billion.On average, eight analysts polled expect the company to report revenues of $5.86 billion for the year.The company said the guidance is based on assumption of North American light vehicle production of approximately 15. ...