Benzinga | Oct 30, 2020 08:02AM EDT

American Axle & Mfg Hldgs Q3 Adj. EPS $1.15 Up From $0.58 YoY, Sales $1.41B Miss $1.43B Estimate

American Axle & Mfg Hldgs (NYSE:AXL) reported quarterly earnings of $1.15 per share. This is a 98.28 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $1.41 billion which missed the analyst consensus estimate of $1.43 billion by 1.12 percent. This is a 15.68 percent decrease over sales of $1.68 billion the same period last year.