Benzinga | May 7, 2021 08:00AM EDT

American Axle & Mfg Hldgs Q1 Adj. EPS $0.57 Beats $0.24 Estimate, Sales $1.43B Beat $1.31B Estimate

American Axle & Mfg Hldgs (NYSE:AXL) reported quarterly earnings of $0.57 per share which beat the analyst consensus estimate of $0.24 by 137.5 percent. This is a 185 percent increase over earnings of $0.20 per share from the same period last year. The company reported quarterly sales of $1.43 billion which beat the analyst consensus estimate of $1.31 billion by 9.16 percent. This is a 6.40 percent increase over sales of $1.34 billion the same period last year.