American Axle & Mfg Hldgs (NYSE: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.
Earnings
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.
Past Earnings Performance
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.
