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American Axle & Manufacturing (AXL) Tops Q3 Earnings and Revenue Estimates

American Axle & Manufacturing (AXL) came out with quarterly earnings of 0.16pershare,beatingtheZacksConsensusEstimateof0.16 per share, beating the Zacks Consensus Estimate of 0.12 per share. This compares to earnings of 0.2pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+33.330.2 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +33.33%. A quarter ago, it was expected that this maker of auto parts would post earnings of 0.13 per share when it actually produced earnings of $0.21, delivering a surprise of +61.54%.Over the last f ...