Preview: American Axle & Mfg Hldgs's Earnings
Portfolio Pulse from Benzinga Insights
American Axle & Mfg Hldgs (NYSE:AXL) is scheduled to release its quarterly earnings report on February 16, 2024, with an estimated EPS of $-0.19. Investors are hopeful for a beat on this estimate and positive guidance for the next quarter. The company's past earnings performance shows a mix of misses and beats, with varying impacts on the stock price. Currently, AXL shares are trading at $8.15, down 11.89% over the last 52 weeks, indicating potential concern among long-term shareholders.
February 15, 2024 | 2:01 pm
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NEUTRAL IMPACT
American Axle & Mfg Hldgs is expected to report an EPS of $-0.19 for the latest quarter. Past performance shows mixed results, with the stock currently down 11.89% over the last year.
Given the mixed past performance and the current negative trend in stock price, the upcoming earnings report and particularly the guidance for the next quarter will be crucial for AXL. However, the impact of the earnings report on the stock price is uncertain, hence a neutral score. The importance is high due to the potential for the report to significantly influence investor sentiment and stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100