American Axle & Manufacturing Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

• American Axle & Manufacturing Holdings Inc AXL.N reported a quarterly adjusted loss of 6 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -9 cents. The mean expectation of seven analysts for the quarter was for a loss of 9 cents per share. Wall Street expected results to range from -28 cents tozero cents per share.

• Revenue fell 5.6% to $1.38 billion from a year ago; analysts expected $1.39 billion.

• American Axle & Manufacturing Holdings Inc's reported EPS for the quarter was a loss of 12 cents​.

• The company reported a quarterly loss of $13.7 million.

• American Axle & Manufacturing Holdings Inc shares had fallen by 18.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.5% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for American Axle & Manufacturing Holdings Inc is $6.25

This summary was machine generated from LSEG data February 14 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)