Shares of Allison Transmission (ALSN 13.91%) soared 13.9% on Wednesday after the commercial-duty transmission manufacturer announced strong fourth-quarter results.Allison Transmission caps a record yearAllison Transmission's fourth-quarter 2023 revenue grew 7.9% year over year to $775 million, translating to a 26% increase in net income to $170 million, or $1.91 per share. Wall Street analysts, on average, were only expecting quarterly earnings of $1.43 per share on revenue of $745 million.Company Chairman ...

Allison Transmission Holdings, Inc. (NYSE:ALSN) Q4 2023 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Jackie Bolles - Executive Director, Treasury and IR Dave Graziosi - Chairman and CEO Fred Bohley - Senior Vice President, Chief Financial Officer and Treasurer Conference Call Participants Robert Wertheimer - Melius Research Isaac Sellhausen - Oppenheimer Tami Zakaria - JPMorgan Angel Castillo - Morgan Stanley Tim Thein - Citi Jerry Revich - Goldman Sachs Operator Good afternoon ...

Q4 2023 Earnings Release February 13th, 2024 Dave Graziosi, Chairman & CEO 1 Fred Bohley, Senior Vice President, CFO & Treasurer ...

For the quarter ended December 2023, Allison Transmission (ALSN) reported revenue of $775 million, up 7.9% over the same period last year. EPS came in at $1.91, compared to $1.52 in the year-ago quarter.The reported revenue represents a surprise of +2.63% over the Zacks Consensus Estimate of $755.14 million. With the consensus EPS estimate being $1.42, the EPS surprise was +34.51%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to det ...

Allison Transmission (ALSN) came out with quarterly earnings of $1.91 per share, beating the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $1.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.51%. A quarter ago, it was expected that this automatic transmission maker would post earnings of $1.72 per share when it actually produced earnings of $1.76, delivering a surprise of 2.33%.Over the last fo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35456 | --- | --- | --- | |--------------------------------------------------------------------|---------------------------------------------------------------- ...

The fourth-quarter earnings season for the Auto-Tires-Trucks sector is in full swing now. So far, seven S&P 500 sector components — Tesla, PACCAR, General Motors, Ford, Cummins, O’Reilly and BorgWarner — have reported quarterly numbers. While Tesla, Cummins and BorgWarner missed fourth-quarter earnings estimates, General Motors, Ford, PACCAR, O’Reilly surpassed the same.Per the Earnings Trend report dated Feb 7, the auto sector’s earnings for the fourth quarter are expected to decline 32.4% on a year-over-y ...

Wall Street analysts forecast that Allison Transmission (ALSN) will report quarterly earnings of $1.42 per share in its upcoming release, pointing to a year-over-year decline of 6.6%. It is anticipated that revenues will amount to $755.14 million, exhibiting an increase of 5.2% compared to the year-ago quarter.The current level reflects a downward revision of 0.6% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reap ...

Like all Allison transmissions, the Allison 3414 Regional Haul Series™ works with any fuel source. Its patented torque converter boosts engine torque, compensating for the lower power often associated with compressed natural gas. (Photo: Business Wire)Like all Allison transmissions, the Allison 3414 Regional Haul Series™ works with any fuel source. Its patented torque converter boosts engine torque, compensating for the lower power often associated with compressed natural gas. (Photo: Business Wire)INDIANAP ...

With the Allison fully automatic transmission, the Volare buses are easier to operate on roads with mud, gravel or sand, which is particularly common in the rural areas of northern and northeastern Brazil, where many of the buses will operate. (Photo: Business Wire)With the Allison fully automatic transmission, the Volare buses are easier to operate on roads with mud, gravel or sand, which is particularly common in the rural areas of northern and northeastern Brazil, where many of the buses will operate. (P ...