American Axle (AXL) Reports In-Line Q1 EPS, provides guidance
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Financial Fact:
Income tax expense (benefit): 20.7M
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American Axle (NYSE: AXL) reported Q1 EPS of $0.09, in-line with the analyst estimate of $0.09. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.39 billion.
GUIDANCE:
American Axle sees FY 2025 revenue of $5.65-5.95 billion, versus the consensus of $5.82 billion. AAM is targeting Adjusted EBITDA in the range of $665 - $745 million vs. $700 - $760 million prior.
AAM is targeting Adjusted free cash flow in the range of $165 - $215 million vs. $200 - $230 million prior; this target assumes capital spending of approximately 5% of sales.
For earnings history and earnings-related data on American Axle (AXL) click here.
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