CORRECTED-UPDATE 2-American Axle 1st-qtr misses, shares down

Newswire

(Corrects first bullet point to clarify $0.66 per share is analysts' average estimate) * Q1 adj EPS $0.61 vs est $0.66 * Revenue $751.5 mln vs est $769.7 mln * Maintains 2012 sales outlook of $2.8 bln to $2.9 bln * Shares down 6 pct April 27 (Reuters) - Auto parts maker American Axle and Manufacturing Holdings Inc posted lower-than-expected quarterly results, partly hurt by slower sales to customers other than General Motors Co. American Axle, which is diversifying its customer base to ...

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