American Axle & Manufacturing Holdings said its normalized net income for the fourth quarter came to 60 cents per share, compared with the S&P Capital IQ consensus estimate of 66 cents per share.
EPS climbed 14.1% year over year from 53 cents.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $46.4 million, a gain of 15.4% from $40.2 million in the year-earlier period.
The normalized profit margin rose to 5.1% from 4.2% in the year-earlier period.
Total revenue fell year over year to $946.5 million from $958.4 million, and total operating expenses fell from the prior-year period to $854.2 million from $871.3 million.
Reported net income decreased 26.2% from the prior-year period to $45.6 million, or 59 cents per share, from $61.8 million, or 81 cents per share.
For the year, the company's normalized net income totaled $2.64 per share, compared with the S&P Capital IQ consensus normalized EPS estimate of $3.19.
EPS rose 18.0% from $2.24 in the prior year.
Normalized net income was $203.3 million, a rise of 18.9% from $170.9 million in the prior year.
Full-year total revenue rose year over year to $3.95 billion from $3.90 billion, and total operating expenses totaled $3.54 billion, compared with $3.54 billion in the prior-year period.
The company said reported net income increased year over year to $235.3 million, or $3.06 per share, in the full year, from $230.4 million, or $3.02 per share.