American Axle & Mfg Hldgs: Q2 Earnings Insights

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American Axle & Mfg Hldgs AXL reported its Q2 earnings results on Friday, August 5, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

American Axle & Mfg Hldgs beat estimated earnings by 120.0%, reporting an EPS of $0.22 versus an estimate of $0.1.

Revenue was up $155.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 1.7% drop in the share price the next day.

Here's a look at American Axle & Mfg Hldgs's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.02 0.02   0.03
EPS Actual 0.19 -0.09 0.15 0.29
Revenue Estimate 1.35B 1.28B 1.18B 1.19B
Revenue Actual 1.44B 1.24B 1.21B 1.28B

To track all earnings releases for American Axle & Mfg Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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