Benzinga | Jul 30, 2021 08:03AM EDT

American Axle & Mfg Hldgs Q2 Adj. EPS $0.29 Beats $0.03 Estimate, Sales $1.28B Beat $1.19B Estimate

American Axle & Mfg Hldgs (NYSE:AXL) reported quarterly earnings of $0.29 per share which beat the analyst consensus estimate of $0.03 by 866.67 percent. This is a 116.2 percent increase over losses of $(1.79) per share from the same period last year. The company reported quarterly sales of $1.28 billion which beat the analyst consensus estimate of $1.19 billion by 7.56 percent. This is a 148.40 percent increase over sales of $515.30 million the same period last year.