American Axle (AXL) Tops Q1 EPS by 11c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
AAM Reports First Quarter 2017 Financial Results
May 5, 2017 8:00 AM EDTDETROIT, May 5, 2017 /PRNewswire/ --Â American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter of 2017. In addition, AAM provided an updated 2017 financial outlook and 2017 - 2019 new and incremental business backlog to reflect the inclusion of recent acquisition activity.
First Quarter 2017 Results
First quarter sales of $1.05 billion Gross profit of $210.7 million, or 20.1% of sales Net income of $78.4 million, or 7.5% of sales Diluted earnings per share of... More