While reporting financial results for the first quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said it now expects sales for the full-year 2025 in a range of $5.65 billion to $5.95 billion, down from the prior guidance range of $5.8 billion to $6.05 billion.
On average, eight analysts polled expect the company to report revenues of $5.82 billion for the year.
The company said the guidance is based on assumption of North American light vehicle production of approximately 14.0 million to 15.1 million units.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.