American Axle & Manufacturing Holdings Inc.'s (AXL) third-quarter net income attributable to AAM was $19.6 million or $0.35 per share versus a loss of $440.9 million or $8.54 per share in the prior year. On average, 7 analysts polled by Thomson Reuters expected loss per share of $0.38 for the quarter. Analysts' estimate typically excludes one-time items.
Net income for the quarter was $19.6 million compared with a $441.1 million loss a year earlier.
Net sales for the third quarter of 2009 slipped to $409.6 million from $528.1 million in the year-ago period. Seven analysts estimated revenues of $420.34 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.