Earnings Outlook For American Axle & Mfg Hldgs

American Axle & Mfg Hldgs AXL is set to give its latest quarterly earnings report on Friday, 2022-02-11. Here's what investors need to know before the announcement.

Analysts estimate that American Axle & Mfg Hldgs will likely report an Earnings Per Share (EPS) of $0.02.

American Axle & Mfg Hldgs bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at American Axle & Mfg Hldgs's past performance and the resulting price change:

Stock Performance

Shares of American Axle & Mfg Hldgs were trading at $8.44 as of February 09. Over the last 52-week period, shares are down 13.14%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

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