earnings
confidence high
sentiment positive
materiality 0.65
AAM Q2 2024 sales $1.63B (+4% YoY); adj. EPS $0.19 vs $0.12; guidance raised
Dauch Corp
2024-Q2 EPS reported
$0.32
revenue$3,239,200,000
- Sales $1.63B vs $1.57B; net income $18.2M ($0.15 EPS) vs $8.0M ($0.07) YoY.
- Adjusted EBITDA $208.4M (12.8% of sales) vs $191.6M (12.2%) YoY.
- FY2024 sales guidance raised to $6.1-$6.3B from $6.05-$6.35B; adj. EBITDA to $705-$755M from $685-$750M.
- Adjusted free cash flow Q2 $97.9M; full-year target $200-$240M with capex ~4% of sales.