American Axle's (AXL) Shares Rise 2% Since Q2 Earnings Beat
AXLAmerican Axle & Manufacturing (AXL) ZACKS·2024-08-16 22:42

Shares of American Axle & Manufacturing Holdings (AXL) have risen 2% since it reported second-quarter 2024 results. It reported adjusted earnings of 19 cents per share, which surpassed the Zacks Consensus Estimate of 10 cents. The company reported earnings per share of 12 cents in the year-ago quarter.The company generated quarterly revenues of $1.63 billion, outpacing the Zacks Consensus Estimate of $1.56 billion. Revenues increased 3.9% on a year-over-year basis.Segmental PerformanceIn the reported quarte ...