American Axle reports Q3 adjusted EPS 20c, consensus (5c)

Reports Q3 revenue $1.5B, consensus $1.5B. “AAM delivered solid third quarter financial performance driven by productivity and operating efficiencies,” said AAM’s Chairman and Chief Executive Officer, David Dauch. “AAM will continue to focus on factors that we can control, while remaining agile to changing propulsion trends with our comprehensive product portfolio.”