American Axle (AXL) Tops Q4 EPS by 10c, Confirms FY Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/28/2026
- Wall St declines as oil prices, Treasury yields remain elevated
- S&P 500 breadth hits lowest level since dot-com bubble, Goldman says
- Nvidia’s AI dominance funds historic $150 billion buyback
- MongoDB stock drops 15% as CEO Desai resigns for Meta
- Jefferies cuts Roblox to Underperform, says rally is too optimistic
- Bloom Energy shares fall on Oracle project halt
- Oppenheimer sees AI software winners as focus shifts to ROI
- Exclusive-Activist Jana pushes Fiserv to accelerate cost cuts and tap Palantir
- Arm Holdings falls as CFO stock sale weighs on sentiment
- Cantor Fitzgerald Starts Lexicon Pharmaceuticals (LXRX) at Overweight
AAM Reports Fourth Quarter and Full Year 2016 Financial Results
February 10, 2017 8:00 AM ESTDETROIT, Feb. 10, 2017 /PRNewswire/ --Â American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2016 and confirmed AAM's full year 2017 outlook.
Fourth Quarter 2016 Results
Fourth quarter 2016 sales of $946.5 million Gross profit of $176.1 million, or 18.6% of sales Net income of $46.9 million, or 5.0% of sales Diluted earnings per share of $0.59 Net cash provided by operating activities of $116.6 million Adjusted EBITDA of $148.2 million, or... More