American Axle & Manufacturing Holdings, Inc. Stock News

DETROIT , Oct. 25, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss third quarter financial results and other related matters at 10:00 a.m. ET on Friday, November 8, 2024.

DETROIT , Oct. 17, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement to sell its commercial vehicle axle business and related assets in India (AAM India Manufacturing Corporation Pvt., Ltd. or AAMIMCPL), to Bharat Forge Limited (BFL), for a purchase price of $65 million, subject to certain customa...

DETROIT , Sept. 5, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Morgan Stanley's 12th Annual Laguna Conference on September 12.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q2 2024 Earnings Call August 9, 2024 10:00 AM ET Company Participants David Lim - Head, Investor Relations David Dauch - Chairman and Chief Executive Officer Chris May - Executive Vice President and Chief Financial Officer Conference Call Participants Joe Spak - UBS Tom Narayan - RBC Dan Levy - Barclays Itay Michaeli - Citi Jake Scholl - ...

It was the specialty auto components manufacturer's turn to bat this earnings season. With its second-quarter performance, it convincingly beat on both the top and bottom lines.

American Axle & Manufacturing Holdings Inc.'s stock AXL, +2.31% soared 8% early Friday, after the maker of auto driveline systems and components swept past estimates for the second quarter. Detroit-based American Axle had net income of $18.2 million, or 15 cents a share, for the quarter, up from $8.0 million, or 7 cents a share, in the year-earlier period.

AAM Delivers Another Solid Quarter DETROIT , Aug. 9, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2024.  Second Quarter  2024 Results Sales of $1.63 billion Net income of $18.2 million, or 1.1% of sales Adjusted EBITDA of $208.4 million, or 12.8% of sales Diluted earnings per share of $0.15; Adju...

American Axle & Manufacturing is a value investing opportunity with potential for growth and cheap shares. Despite a recent decline in the price of shares, the company's financial results show positive revenue and profitability trends. High debt levels are a concern, but management's focus on debt reduction and positive cash flows make the company an attractive buy.