American Axle & Manufacturing Holdings, Inc. (NYSE:AXL) shares are trading higher on Friday.
The company reported second-quarter adjusted earnings per share of 21 cents, beating the analyst consensus estimate of 15 cents.
Quarterly sales of $1.536 billion (down 5.9% year over year) slightly missed the Street view of $1.537 billion. Sales for the second quarter of 2025 were impacted by lower volume and mix.
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Gross profit in the quarter under review totaled …