American Axle & Mfg Hldgs AXL reported its Q3 earnings results on Friday, November 4, 2022 at 08:00 AM.
Here’s what investors need to know about the announcement.
Earnings
American Axle & Mfg Hldgs beat estimated earnings by 12.5%, reporting an EPS of $0.27 versus an estimate of $0.24.
Revenue was up $322.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.12 which was followed by a 8.59% increase in the share price the next day.
Here’s a look at American Axle & Mfg Hldgs’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.10 | 0.02 | 0.02 | |
| EPS Actual | 0.22 | 0.19 | -0.09 | 0.15 |
| Revenue Estimate | 1.37B | 1.35B | 1.28B | 1.18B |
| Revenue Actual | 1.44B | 1.44B | 1.24B | 1.21B |
To track all earnings releases for American Axle & Mfg Hldgs visit their earnings calendar here.
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