American Axle reports Q1 adjusted EPS 9c, consensus 6c

Reports Q1 revenue $1.41B, consensus $1.43B. “AAM delivered positive year-over-year operating cash flow performance driven by a combination of cost control and productivity,” said AAM’s Chairman and CEO, David Dauch. “AAM will stay focused on managing factors under our control while operating in an uncertain geopolitical trade policy environment. In addition, we continue to make excellent progress on our transformational Dowlais combination.”