American Axle & Manufacturing Holdings Inc (AXL) reported earnings for its second quarter that Increases, from the same period last year
The company's earnings came in at $39.3 million, or $0.32 per share. This compares with $18.2 million, or $0.15 per share, last year.
Excluding items, American Axle & Manufacturing Holdings Inc reported adjusted earnings of $0.21 per share for the period.
The company's revenue for the period fell 5.9% to $1.536 billion from $1.632 billion last year.
American Axle & Manufacturing Holdings Inc earnings at a glance (GAAP) :
-Earnings: $39.3 Mln. vs. $18.2 Mln. last year.-EPS: $0.32 vs. $0.15 last year.-Revenue: $1.536 Bln vs. $1.632 Bln last year.
-Guidance:Full year revenue guidance: $5.75 - $5.95 Bln
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