American Axle & Manufacturing Holdings, Inc. (AXL)
AXL Price and Sentiment
AXL Latest news
American Axle (AXL) reports lower year-over-year adjusted earnings and revenues in third-quarter 2021 amid supply chain challenges.
Chip-related headwinds like manufacturing inefficiencies and high raw material costs prompt companies like CMI, BWA, HMC, MGA, AXL and TEN to cut their full-year outlook.
American Axle & Manufacturing Holdings' (AXL) CEO David Dauch on Q3 2021 Results - Earnings Call Transcript2021-11-05 14:47
American Axle & Manufacturing Holdings' (AXL) CEO David Dauch on Q3 2021 Results - Earnings Call Transcript
American Axle (AXL) delivered earnings and revenue surprises of 650.00% and 2.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2021. Third Quarter 2021 Results Sales of $1.21 billion Net loss attributable to AAM of $(2.4) million Adjusted EBITDA of $183.2 million, or 15.1% of sales Diluted loss per share of $(0.02); Adjusted earnings per share of $0.15 Net cash provided by operating activities of $89.8 million; Adjusted free cash flow of $69.1 million "AAM delivered solid operating performance under unprecedented supply chain challenges that continued to impact industry production in the third quarter," said AAM's Chairman and Chief Executive Officer, David C.
DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) today announced it has secured an agreement with e-mobility leader REE Automotive Ltd. (NASDAQ: REE) to supply high-performance electric drive units (EDU) in a modular platform that can support multiple customer vehicle programs.
REE Announces Nomination of American Axle to Supply Next Generation 3-in-1 Electric Drive Technology2021-11-05 07:45
TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: “REE”), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leading global Tier 1 automotive supplier, to supply REE with its high-performance electric drive units (EDU). AAM's award-winning 3-in-1 electric drive technology - which places the electric motor, gearbox and inverter into a single package – will be integrated into REEcorner technology. AAM's hig
DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing's TracRite® differentials are key in delivering power and performance for the 2022 GMC HUMMER EV. Designed to conquer tough obstacles and terrain, the supertruck features an AAM TracRite EL Electronic Locking Front Differential.
DETROIT, Nov. 1, 2021 /PRNewswire/ -- American Axle & Manufacturing named Michael J. Lynch President, Driveline – Business, effective today.
Analysts Estimate American Axle & Manufacturing (AXL) to Report a Decline in Earnings: What to Look Out for2021-10-22 16:08
American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.