American Axle & Mfg Hldgs: Q1 Earnings Insights

American Axle & Mfg Hldgs AXL reported its Q1 earnings results on Friday, May 6, 2022 at 08:00 AM.

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

American Axle & Mfg Hldgs beat estimated earnings by 850.0%, reporting an EPS of $0.19 versus an estimate of $0.02.

Revenue was up $11.00 million from the same period last year.

Last quarter the company missed on EPS by $0.11 which was followed by a 5.14% drop in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.02		0.03	0.24
EPS Actual	-0.09	0.15	0.29	0.57
Revenue Estimate	1.28B	1.18B	1.19B	1.31B
Revenue Actual	1.24B	1.21B	1.28B	1.43B

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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