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While reporting financial results for the first quarter on Friday, American Axle & Manufacturing Holdings, Inc. (AXL) maintained its sales guidance for the full-year 2021, but currently expects toward the high-end of the range.


RTTNews | May 7, 2021 08:17AM EDT

08:16 Friday, May 7, 2021 (RTTNews.com) - While reporting financial results for the first quarter on Friday, American Axle & Manufacturing Holdings, Inc. (AXL) maintained its sales guidance for the full-year 2021, but currently expects toward the high-end of the range.

For fiscal 2020, the company continues to project sales in the range of $5.3 billion to $5.5 billion. On average, analysts polled by Thomson Reuters expect the company to report sales of $5.41 billion for the year.

The company noted that the sales target is based on North American light vehicle production in the range of 15.0 million to 15.5 million units.

Read the original article on RTTNews ( https://www.rttnews.com/3192951/american-axle-maintains-fy21-sales-outlook-quick-facts.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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