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Zacks News
Company News for Nov 8, 2021
by Zacks Equity Research
Companies in the news are: GRPN, GT, AXL, AMCX
American Axle & Manufacturing (AXL) Q3 Earnings and Revenues Beat Estimates
by Zacks Equity Research
American Axle (AXL) delivered earnings and revenue surprises of 650.00% and 2.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
Key Factors to Note Ahead of Hyliion's (HYLN) Q3 Earnings
by Zacks Equity Research
Rising R&D and SG&A expenses are likely to have dented Hyliion's (HYLN) Q3 performance.
Lear's (LEA) Q3 Earnings Miss Estimates, 2021 View Tepid
by Zacks Equity Research
Lear (LEA) forecasts full-year 2021 sales in the band of $18.8-$19.2 billion, down from the previous guided range of $20.3-$21.1 billion.
Key Factors to Note Ahead of Magna's (MGA) Q3 Earnings
by Zacks Equity Research
Declining revenues across all segments and rising costs are likely to have dented Magna's (MGA) Q3 performance.
Gentex (GNTX) Lags Q3 Earnings & Sales Estimates, Revises 2H'21 View
by Zacks Equity Research
Gentex (GNTX) envisions net sales in the band of $770-$840 million for second-half 2021, lower than the previous outlook of $970 million-$1.07 billion.
Analysts Estimate American Axle & Manufacturing (AXL) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
New Strong Sell Stocks for October 8th
by Zacks Equity Research
BWA, AXL, BUD, and LW have been added to the Zacks Rank #5 (Strong Sell) List on October 8, 2021.
Allison (ALSN) to Offer E-Transmission Solutions to US Army Fleet
by Zacks Equity Research
Allison (ALSN) is speeding up the end-to-end development of its Next Generation Electrified Transmission to be used by the U.S. Army's ground combat fleet.
American Axle & Manufacturing (AXL) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
American Axle & Manufacturing (AXL) closed at $8.92 in the latest trading session, marking a +1.25% move from the prior day.
Allison's (ALSN) eGen Flex to be Offered by New Flyer in 2022
by Zacks Equity Research
Allison's (ALSN) eGen Flex will be offered by New Flyer to bring a sustainable and efficient transit model to the market.
American Axle & Manufacturing (AXL) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, American Axle & Manufacturing (AXL) closed at $8.69, marking a -0.46% move from the previous day.
Allison (ALSN) & JJE Join Forces for Commercial E-Powertrains
by Zacks Equity Research
Allison's (ALSN) partnership with JJE will bank on the latter's robust foothold in the Chinese commercial vehicle electrified powertrain market.
Allison (ALSN) Plant Gets a Face-Lift, Electrification Betters
by Zacks Equity Research
Allison's (ALSN) latest rebranding of the VE+ET Center will better showcase the unique capabilities of the facility allowing OEMs to take advantage of a reliable vehicle electrification testing.
Allison (ALSN), Hino Team Up for E-Axles on the BEV Trucks
by Zacks Equity Research
Per the latest agreement, Hino will integrate Allison's (ALSN) eGen Power 100D e-Axle into its Class 6, 7 and 8 BEV trucks.
Adient (ADNT) Down 2.5% Since Q3 Loss, Slashes FY21 View
by Zacks Equity Research
Adient (ADNT) projects fiscal 2021 revenues within $14.3-$14.5 billion, lower than the prior outlook of $14.6-$15 billion.
Tenneco (TEN) Shares Barely Move Since Q2 Earnings Miss
by Zacks Equity Research
Tenneco (TEN) projects 2H'21 revenues and adjusted EBITDA in the band of $9-$9.3 billion and $616-$696 million, respectively.
Magna (MGA) Q2 Earnings & Sales Miss Mark, Trims '21 View
by Zacks Equity Research
Magna (MGA) downwardly revises 2021 outlook amid chip crunch. It now expects revenues in the band of $38-$39.5 billion, down from the previous view of $40.2-$41.8 billion.
LEAR (LEA) Q2 Earnings Beat, Sales Miss Estimates, '21 View Down
by Zacks Equity Research
For 2021, Lear (LEA) projects net sales of $19.7-$20.5 billion, lower than the earlier forecast of $20.3-$21.1 billion.
Westport (WPRT) Q2 Earnings & Sales Beat Estimates, Up Y/Y
by Zacks Equity Research
Westport's (WPRT) revenues skyrocket 135% year over year to $84.7 million for the second quarter of 2021.
American Axle (AXL) Down 4% Since Q2 Earnings & Sales Beat
by Zacks Equity Research
American Axle (AXL) expects adjusted 2021 EBITDA and FCF in the band of $875-$925 million and $350-$425 million, up from the prior forecast of $850-$925 million and $300-$400 million, respectively.
Meritor (MTOR) Beats on Q3 Earnings & Sales, Revises FY21 View
by Zacks Equity Research
Meritor (MTOR) projects sales at $3.9 billion for fiscal 2021, up from the previous forecast of $3.65-$3.8 billion.
American Axle & Manufacturing (AXL) is a Top-Ranked Growth Stock: Should You Buy?
by Zacks Equity Research
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
American Axle & Manufacturing (AXL) Tops Q2 Earnings and Revenue Estimates
by Zacks Equity Research
American Axle (AXL) delivered earnings and revenue surprises of 1066.67% and 10.52%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
What's in the Offing for American Axle (AXL) This Earnings Season?
by Zacks Equity Research
While strong demand across both segments is likely to have fueled American Axle's (AXL) Q2 performance, rising costs might have dented the company's margins.