Benzinga | Jul 29, 2021 10:41AM EDT

American Axle & Mfg Hldgs Earnings Preview

On Friday, July 30, American Axle & Mfg Hldgs (NYSE:AXL) will release its latest earnings report. Here is Benzinga's outlook for the company.

Net Income, Earnings, And Earnings Per Share

Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.

Earnings And Revenue

Sell-side analysts expect American Axle & Mfg Hldgs's EPS to be near $0.03 on sales of $1.19 billion. In the same quarter last year, American Axle & Mfg Hldgs reported a loss per share of $1.79 on sales of $515.30 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

The Wall Street estimate would represent a 101.68% increase in the company's earnings. Revenue would be have grown 130.93% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.24 0.28 0.25 -1.99EPS Actual 0.57 0.51 1.15 -1.79Revenue Estimate 1.31 B 1.36 B 1.43 B 440.05 MRevenue Actual 1.43 B 1.44 B 1.41 B 515.30 M

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

Shares of American Axle & Mfg Hldgs were trading at $9.31 as of July 28. Over the last 52-week period, shares are up 35.13%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. American Axle & Mfg Hldgs is scheduled to hold the call at 10:00:00 ET and can be accessed here.