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American Axle & Manufacturing Holdings Inc - AXL STOCK NEWS

Welcome to our dedicated news page for American Axle & Manufacturing Holdings (Ticker: AXL), a resource for investors and traders seeking the latest updates and insights on American Axle & Manufacturing Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Axle & Manufacturing Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Axle & Manufacturing Holdings's position in the market.

Rhea-AI Summary
American Axle & Manufacturing Holdings, Inc. (AXL) to participate in Bank of America Global Automotive Summit on March 27, presenting at 11:20 a.m. ET. Live webcast accessible on AAM's Investor Relations page.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.77%
Tags
conferences
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Rhea-AI Summary
American Axle & Manufacturing (AXL) appoints Aleksandra A. Miziolek, a seasoned industry executive, to its Board of Directors. Miziolek's extensive experience in international strategic matters brings valuable insights to AAM as they focus on electrification.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.82%
Tags
management
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Rhea-AI Summary
American Axle & Manufacturing Holdings, Inc. (AXL) reports Q4 2023 sales of $1.46B with a net loss of $(19.1)M. Full year 2023 sales were $6.08B with a net loss of $(33.6)M. Adjusted EBITDA for Q4 2023 was $169.5M. AAM targets sales of $6.05 - $6.35B, Adjusted EBITDA of $685 - $750M, and Adjusted free cash flow of $200 - $240M for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.16%
Tags
Rhea-AI Summary
American Axle & Manufacturing Holdings, Inc. (AAM) is set to discuss its fourth quarter and full year financial results in a conference call on February 16, 2024. The results will be announced in a press release before the market opens on the same day, and will be available at www.aam.com. Participants can join the call via phone or live audio webcast, with a replay available for one year on AAM's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.67%
Tags
-
Rhea-AI Summary
American Axle & Manufacturing (AAM) (NYSE: AXL) is at the forefront of helping the world's largest automakers transition to electric vehicles by creating the industry's most innovative driveline technologies for passenger cars and trucks. At CES 2024, AAM will showcase its award-winning, next-generation 3-in-1 electric drive units (eDUs), fully integrated e-Beam axles, and innovative component technologies that are helping define the future of mobility around the globe.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
none
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Rhea-AI Summary
American Axle & Manufacturing (AAM) (NYSE: AXLE) to Showcase Industry-Leading Technology at 2024 Consumer Electronics Show
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.1%
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none
Rhea-AI Summary
American Axle & Manufacturing Holdings, Inc. (AAM), NYSE: AXL, will participate in the Barclays Global Automotive and Mobility Tech Conference on November 30. AAM is scheduled to present at 2:35 p.m. ET. A live audio webcast will be accessible through the Investor Relations page on AAM's website (www.aam.com). A replay of the webcast will be available following the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
conferences
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Rhea-AI Summary
American Axle & Manufacturing Holdings, Inc. (AAM) (NYSE: AXL) will participate in the Bank of America Securities 2023 Leveraged Finance Conference on November 28. AAM is scheduled to present at 10:10 a.m. ET. A live audio webcast will be accessible through the Investor Relations page on AAM's website (www.aam.com). A replay of the webcast will be available following the event.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.98%
Tags
conferences
-
Rhea-AI Summary
American Axle & Manufacturing Holdings, Inc. (AAM) reported its financial results for the third quarter of 2023. Sales were $1.55 billion, with a net loss of $(17.4) million. Adjusted EBITDA was $156.8 million, and diluted loss per share was $(0.15). Net cash provided by operating activities was $178.3 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.38%
Tags
Rhea-AI Summary
American Axle & Manufacturing Holdings to discuss Q3 results and related matters in conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.61%
Tags
American Axle & Manufacturing Holdings Inc

NYSE:AXL

AXL Rankings

AXL Stock Data

825.13M
113.65M
3.83%
103.49%
2.38%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
United States
Detroit

About AXL

for over 20 years, customers around the world have entrusted aam to design, engineer, validate and manufacture driveline, metal forming, powertrain, and casting technologies for automotive, commercial and industrial markets. today, we are a premier global tier 1 automotive supplier with broad capabilities across multiple product lines to deliver efficient, powerful and innovative solutions for our customers. we are aam and we have the power to move the world.