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American Axle & Manufacturing Holdings Inc (AXL.N)

AXL.N on New York Stock Exchange

15.92USD
18 Apr 2019
Change (% chg)

$0.27 (+1.73%)
Prev Close
$15.65
Open
$15.62
Day's High
$16.00
Day's Low
$15.50
Volume
337,338
Avg. Vol
459,711
52-wk High
$19.33
52-wk Low
$10.14

Latest Key Developments (Source: Significant Developments)

American Axle Q4 Adj. Earnings Per Share $0.45
Friday, 15 Feb 2019 

Feb 15 (Reuters) - American Axle & Manufacturing Holdings Inc ::AAM REPORTS FOURTH QUARTER AND FULL YEAR 2018 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.45.Q4 LOSS PER SHARE $3.24.Q4 SALES $1.69 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.68 BILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.42 -- REFINITIV IBES DATA.& MANUFACTURING HOLDINGS INC - TARGETING ADJUSTED FREE CASH FLOW IN RANGE OF $350 TO $400 MILLION IN 2019.& MANUFACTURING HOLDINGS INC SEES SALES IN RANGE OF $7.3 TO $7.4 BILLION IN 2019.& MANUFACTURING HOLDINGS INC - TARGETING ADJUSTED EBITDA IN RANGE OF $1.20 TO $1.25 BILLION IN 2019.& MANUFACTURING HOLDINGS INC - EXPECT PROFITABLY TO GROW IN 2019.& MANUFACTURING HOLDINGS - RESULTS IN Q4 AND FY 2018 REFLECT IMPACT OF NON-CASH GOODWILL IMPAIRMENT OF $485.5 MILLION.  Full Article

American Axle & Manufacturing Holdings Sees 2019 Sales Of $7.3 Bln To $7.4 Bln
Tuesday, 15 Jan 2019 

Jan 15 (Reuters) - American Axle & Manufacturing Holdings Inc ::SEES 2019 SALES $7.3 BILLION TO $7.4 BILLION.FY2019 REVENUE VIEW $7.21 BILLION -- REFINITIV IBES DATA.SEES 2018 ADJUSTED. EBITDA MARGIN ABOUT 16.25 PERCENT OF SALES.AMERICAN AXLE & MANUFACTURING HOLDINGS - SEES 2019 CAPEX ABOUT 7 PERCENT OF SALES.SEES 2019 ADJUSTED EBITDA $1.2 BILLION TO $1.25 BILLION.AMERICAN AXLE & MANUFACTURING HOLDINGS - SEES 2019 ADJUSTED FREE CASH FLOW OF ABOUT $350 MILLION TO $400 MILLION.SEES 2019 RESTRUCTURING AND ACQUISITION RELATED PAYMENTS $50 MILLION TO $60 MILLION.  Full Article

American Axle & Manufacturing Holdings Says CEO David Dauch's FY 2017 Total Compensation Was $13.2 Mln Vs $11.1 Mln In FY 2016
Thursday, 22 Mar 2018 

March 22 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING HOLDINGS INC SAYS CEO DAVID DAUCH'S FY 2017 TOTAL COMPENSATION WAS $13.2 MILLION VERSUS $11.1 MILLION IN FY 2016 - SEC FILING.  Full Article

American Axle & Manufacturing Says Unit ‍planning Public Offering Of $350 Mln Of Senior Notes
Monday, 12 Mar 2018 

March 12 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING ANNOUNCES PROPOSED SENIOR NOTES OFFERING.AMERICAN AXLE & MANUFACTURING - UNIT ‍PLANNING PUBLIC OFFERING OF $350 MILLION OF SENIOR NOTES.AMERICAN AXLE & MANUFACTURING -TO USE PROCEEDS,CASH ON HAND AND/OR BORROWINGS UNDER CREDIT AGREEMENT TO FUND REPURCHASE OF 6.25% SENIOR NOTES DUE 2021.  Full Article

American Axle Commences Tender Offer And Consent Solicitation For Its 6.25 Pct Senior Notes Due 2021
Monday, 12 Mar 2018 

March 12 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING COMMENCES TENDER OFFER AND CONSENT SOLICITATION FOR ITS 6.25% SENIOR NOTES DUE 2021.AMERICAN AXLE & MANUFACTURING HOLDINGS - ‍TENDERED NOTES MAY BE WITHDRAWN ON MARCH 23, 2018​.  Full Article

American Axle Q4 Adjusted Earnings Per Share $0.89
Friday, 16 Feb 2018 

Feb 16 (Reuters) - American Axle & Manufacturing Holdings Inc ::AAM REPORTS FOURTH QUARTER AND FULL YEAR 2017 FINANCIAL RESULTS.Q4 ADJUSTED EARNINGS PER SHARE $0.89.Q4 EARNINGS PER SHARE $0.93.Q4 SALES $1.73 BILLION VERSUS $946.5 MILLION.‍CONFIRMED AAM'S FULL YEAR 2018 FINANCIAL OUTLOOK​.AAM IS TARGETING SALES OF APPROXIMATELY $7 BILLION IN 2018.Q4 EARNINGS PER SHARE VIEW $0.76, REVENUE VIEW $1.69 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 EARNINGS PER SHARE VIEW $3.37, REVENUE VIEW $6.82 BILLION -- THOMSON REUTERS I/B/E/S.  Full Article

American Axle & Manufacturing Holdings Sees 2018 Sales Of About $7 Billion ‍​
Wednesday, 17 Jan 2018 

Jan 17 (Reuters) - American Axle & Manufacturing Holdings Inc ::AMERICAN AXLE & MANUFACTURING HOLDINGS SEES 2018 SALES OF ABOUT $7 BILLION - SEC FILING ‍​.AMERICAN AXLE & MANUFACTURING HOLDINGS SEES 2018 ADJUSTED. FREE CASH FLOW OF ABOUT 5 PERCENT OF SALES.  Full Article

American Axle & Manufacturing Holdings announces secondary common stock offering
Wednesday, 8 Nov 2017 

Nov 7 (Reuters) - American Axle :American Axle & Manufacturing Holdings Inc announces secondary common stock offering.Announces secondary offering of 15.0 million shares.  Full Article

AAM reports Q3 earnings $0.75/shr
Friday, 3 Nov 2017 

Nov 3 (Reuters) - American Axle & Manufacturing Holdings Inc :AAM reports third quarter 2017 financial results.Q3 adjusted earnings per share $0.86.Q3 earnings per share $0.75.Q3 sales $1.72 billion versus I/B/E/S view $1.63 billion.Q3 earnings per share view $0.65 -- Thomson Reuters I/B/E/S.American Axle & Manufacturing Holdings Inc - ‍increased its sales target to a range of $6.2 billion to $6.25 billion for full year 2017​.American Axle & Manufacturing Holdings Inc - ‍AAM has updated its full year 2017 financial outlook​.American Axle & Manufacturing Holdings Inc sees ‍adjusted EBITDA of approximately $1.1 billion in 2017.​.American Axle & Manufacturing Holdings Inc sees ‍adjusted free cash flow of approximately 5% of sales in 2017.​.American Axle & Manufacturing Holdings Inc sees ‍full year capital spending of approximately 8% of sales in 2017.​.American Axle & Manufacturing Holdings Inc - ‍AAM is targeting adjusted EBITDA of approximately $1.1 billion in 2017​.FY2017 revenue view $6.07 billion -- Thomson Reuters I/B/E/S.American Axle & Manufacturing Holdings Inc - ‍AAM is targeting full year capital spending of approximately 8% of sales in 2017​.American Axle & Manufacturing Holdings Inc - ‍non-GM sales in Q3 of 2017 were $1.01 billion as compared to $307.7 million in Q3 of 2016​.  Full Article

AAM reports Q2 earnings per share $0.59
Friday, 28 Jul 2017 

July 28 (Reuters) - American Axle & Manufacturing Holdings Inc -:AAM reports second quarter 2017 financial results.Q2 adjusted earnings per share $0.99.Q2 earnings per share $0.59.Q2 sales $1.76 billion versus i/b/e/s view $1.75 billion.Q2 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.American Axle & Manufacturing Holdings Inc - aam is targeting sales of approximately $6.1 billion in 2017.American Axle & Manufacturing Holdings Inc - aam is targeting adjusted ebitda margin in range of 17% to 18% of sales in 2017.American Axle & Manufacturing Holdings Inc - aam is targeting adjusted free cash flow of approximately 5% of sales in 2017.American Axle & Manufacturing Holdings Inc - aam is targeting full year capital spending of approximately 8% of sales in 2017.American Axle & Manufacturing Holdings - expect to further incur significant costs, payments related to restructuring and acquisition-related activities during 2017.American Axle & Manufacturing Holdings Inc says confirmed its full year 2017 financial outlook.FY2017 earnings per share view $3.19, revenue view $6.07 billion -- Thomson Reuters I/B/E/S.  Full Article