American Axle & Manufacturing Holdings (NYSE: AXL ) is expected to report Q1 earnings on May 3. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict American Axle & Manufacturing Holdings's revenues will compress -0.3% and EPS will decrease -73.8%.
The average estimate for revenue is $749.2 million. On the bottom line, the average EPS estimate is $0.16.
Revenue details
Last quarter, American Axle & Manufacturing Holdings booked revenue of $736.7 million. GAAP reported sales were 22% higher than the prior-year quarter's $605.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, non-GAAP EPS came in at -$0.02. GAAP EPS of $4.21 for Q4 were much higher than the prior-year quarter's $0.41 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 12.2%, 600 basis points worse than the prior-year quarter. Operating margin was 3.4%, 560 basis points worse than the prior-year quarter. Net margin was 43.4%, much better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $3.30 billion. The average EPS estimate is $1.69.
Investor sentiment
The stock has a two-star rating (out of five) at Motley Fool CAPS, with 191 members out of 306 rating the stock outperform, and 115 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 48 give American Axle & Manufacturing Holdings a green thumbs-up, and 27 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on American Axle & Manufacturing Holdings is outperform, with an average price target of $12.79.
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