New Allison 4040 MX™ cross-drive transmission to equip the CV90 Mk IV infantry fighting vehicle.INDIANAPOLIS, July 17, 2024 /PRNewswire/ -- Allison Transmission has signed a contract with BAE Systems Hägglunds, one of Europe's most successful producers of tracked combat vehicles, to provide the new Allison 4040 MX™ propulsion solution for ongoing CV90 Infantry Fighting Vehicle (IFV) programs with production expected to begin in 2028. The 4040 MX extends Allison's medium weight offering in its cross-drive pr ...

INDIANAPOLIS, June 25, 2024 /PRNewswire/ -- Allison Transmission has released its 2023 Corporate Social Responsibility Report outlining the company's sustainability and environmental performance, social and community impacts, and associated governance practices."Allison is deeply committed to providing our OEM partners and fleet customers with a broad portfolio of propulsion solutions designed to reduce emissions and meet their unique needs," said David S. Graziosi, Chair and Chief Executive Officer, Alliso ...

INDIANAPOLIS, June 4, 2024 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), a global leader in commercial-duty automatic transmissions, electric and hybrid propulsion solutions, is pleased to announce the appointment of G. Frederick (Fred) Bohley III as the new Chief Operating Officer (COO), effective immediately. This appointment was approved by Allison's Board of Directors. Fred Bohley, who has been with Allison Transmission since 1991, will continue to hold his current roles as Chief ...

INDIANAPOLIS, May 16, 2024  /PRNewswire/ -- Allison Ventures, Allison Transmission's venture capital arm, is pleased to announce it has committed to a $10 million investment in EnerTech Capital, a venture capital firm focused on the development of emerging technologies and business models in the mobility space.Through this partnership, Allison will gain access to EnerTech's large network of high-tech companies that are advancing automotive technologies in the electrification, connectivity, autonomy and digi ...

Henrik5000Investment Thesis Over the past decade, Allison Transmission Holdings, Inc. (NYSE:ALSN) delivered annual compounded double-digit profit growth. The company achieved this despite modest revenue growth by improving operating and capital efficiencies. Allison is also financially sound with a good capital allocation plan. Despite being a wonderful company in the Buffett sense, the market has yet to recognize this. My valuation showed more than a 30% margin of safety at the current market price. Bu ...

Allison Transmission (ALSN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this automatic transmission maker have returned -10.3% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Automotive - Original Equipment industry, to which Allison Transmission belongs, has lost 8.1% over this period. Now the key question is: Where c ...

Allison Transmission Holdings (ALSN) delivered first-quarter 2024 earnings of $1.90 per share, which rose 2.7% year over year and beat the Zacks Consensus Estimate of $1.88. Record quarterly revenues of $789 million grew 6.5% from the year-ago period's level and outpaced the Zacks Consensus Estimate of $759 million.Segmental PerformanceAllison segregates revenues in terms of end markets served, which are as follows:In the reported quarter, net sales in the North America On-Highway end market rose 11.7% year ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35456 | --- | --- | |-------------------------------------------------------------------------------------------|--------------------------| | ALLISON TRAN ...

Allison Transmission Holdings, Inc. (NYSE:ALSN) Q1 2024 Earnings Conference Call April 25, 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 Ian Zaffino - Oppenheimer Justin Pellegrino - Melius Research Tami Zakaria - JPMorgan Angel Castillo - Morgan Stanley Jerry Revich - Goldman Sachs Operator Good afternoon. Thank you for standing ...

For the quarter ended March 2024, Allison Transmission (ALSN) reported revenue of $789 million, up 6.5% over the same period last year. EPS came in at $1.90, compared to $1.85 in the year-ago quarter.The reported revenue represents a surprise of +4.02% over the Zacks Consensus Estimate of $758.53 million. With the consensus EPS estimate being $1.88, the EPS surprise was +1.06%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determi ...