American Axle & Manufacturing (AXL) Reports Q4 Loss, Tops Revenue Estimates

American Axle & Manufacturing (AXL) came out with a quarterly loss of $0.09 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 43.75%. A quarter ago, it was expected that this maker of auto parts would post a loss of $0.04 per share when it actually produced a loss of $0.11, delivering a surprise of -175%.Over the last four quarters, ...