American Axle reports Q2 adjusted EPS 12c, consensus 9c

Reports Q2 revenue $1.57B, consensus $1.59B. “AAM posted positive second quarter financial performance while navigating through continued production volatility, inflation headwinds, launches and labor availability,” said AAM’s Chairman and CEO, David C. Dauch. “As we manage through these near term challenges, our focus remains on establishing a strong technological foundation in our electric product portfolio and positioning AAM for profitable future growth.”