Allison Transmission (ALSN) reported $824 million in revenue for the quarter ended September 2024, representing a year-over-year increase of 12%. EPS of $2.27 for the same period compares to $1.76 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $790.66 million, representing a surprise of +4.22%. The company delivered an EPS surprise of +12.94%, with the consensus EPS estimate being $2.01. While investors scrutinize revenue and earnings changes year-over-year and how they compare ...

Allison Transmission (ALSN) came out with quarterly earnings of $2.27 per share, beating the Zacks Consensus Estimate of $2.01 per share. This compares to earnings of $1.76 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.94%. A quarter ago, it was expected that this automatic transmission maker would post earnings of $2.04 per share when it actually produced earnings of $2.13, delivering a surprise of 4.41%.Over the last fo ...

Exhibit 99.1 Allison Transmission Announces Third Quarter 2024 Results * Record quarterly net sales of $824 million, up 12% year over year * Net Income of $200 million, up 27% year over year * Diluted EPS of $2.27, a quarterly record, up 29% year over year * Increasing full year 2024 revenue, earnings and cash flow guidance INDIANAPOLIS, October 29, 2024 – Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $824 million, a quarterly record driven by continued strength ...

Record quarterly net sales of $824 million, up 12% year over year Net Income of $200 million, up 27% year over year Diluted EPS of $2.27, a quarterly record, up 29% year over year Increasing full year 2024 revenue, earnings and cash flow guidance End Market INDIANAPOLIS, Oct. 29, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $824 million, a quarterly record driven by continued strength in our North America On-Highway, Defense and Outside Nort ...

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INDIANAPOLIS, Oct. 23, 2024 /PRNewswire/ -- Allison Transmission has made significant strides in the global Defense market, achieving key program wins that will significantly expand Allison's installed base and revenue in the wheeled defense vehicle segment. Allison is experiencing continued growth in this vehicle segment as a result of strategic partnerships with vehicle manufacturers to support defense programs outside North America.The Allison Specialty Series™ (SP) transmission has been selected for sev ...

Allison Transmission's venture capital arm invests in pioneer software and services company specializing in AI-enabled automation software for agriculture and land maintenance.INDIANAPOLIS, Oct. 22, 2024 /PRNewswire/ -- Allison Ventures, Allison Transmission's venture capital arm, has made a strategic investment in Agtonomy, a software and services company specializing in advanced autonomous and AI solutions for agriculture and industrial applications. With this investment Allison will support Agtonomy in e ...

Allison Transmission (ALSN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...

INDIANAPOLIS, Oct. 15, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its third quarter 2024 financial results conference call at 5:00 p.m. EDT on Tuesday, October 29, 2024. David S. Graziosi, Chair & Chief Executive Officer, and ...

The outlook for the Zacks Automotive - Original Equipment industry appears optimistic, driven by anticipated vehicle sales growth in the final quarter of 2024. The recent rate cut by the Federal Reserve are expected to lower vehicle financing costs, which bodes well for auto equipment suppliers. Adapting to the shift toward electric and self-driving cars requires industry players to invest in research and development. The rise of new technologies and increased demand for electrified and autonomous vehicles ...