American Axle reports Q3 adjusted EPS 16c, consensus 12c

Reports Q3 revenue $1.51B, consensus $1.53B. “AAM delivered strong year-over-year margin growth driven by performance,” said AAM’s Chairman and Chief Executive Officer, David Dauch. “Furthermore, we continue to make great progress to close our combination with Dowlais, positioning us well for a bright future as a premier global driveline and metal forming supplier with significant size, scale, and value creation potential.”