Benzinga | Nov 5, 2021 09:42AM EDT

American Axle & Mfg Hldgs Q3 Adj. EPS $0.15 Down From $1.15 YoY, Sales $1.21B Beat $1.18B Estimate

American Axle & Mfg Hldgs (NYSE:AXL) reported quarterly earnings of $0.15 per share. This is a 86.96 percent decrease over earnings of $1.15 per share from the same period last year. The company reported quarterly sales of $1.21 billion which beat the analyst consensus estimate of $1.18 billion by 2.54 percent. This is a 14.43 percent decrease over sales of $1.41 billion the same period last year.