Allison(ALSN)
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Allison Transmission: This High-Quality Business Is Still A Buy After Earnings
Seeking Alpha· 2024-02-18 20:17
Douglas Sacha/Moment via Getty Images Is ALSN still a Buy? Allison Transmission Inc, (NYSE:ALSN) reported earnings last week on 2/13/2024 and blew expectations out of the water. EPS Normalized Actual came in at $2.04, beating expectations by $0.54. EPS GAAP Actual came in at $1.91, beating by $0.46. ALSN also celebrated a Revenue surprise of $30.42M for a Revenue Actual of $775.00M. As a result, ALSN shares traded nearly 20% post market hours and settled back down to around $71 today. The question becomes i ...
Allison (ALSN) Q4 Earnings Top Estimates on Record Sales
Zacks Investment Research· 2024-02-15 13:51
Allison Transmission Holdings (ALSN) delivered fourth-quarter 2023 earnings of $1.91 per share, which rose 25.6% year over year and topped the Zacks Consensus Estimate of $1.42. The outperformance can be attributed to higher-than-expected sales from North America On-Highway, Defense and Outside North America Off-Highway end markets. Record quarterly revenues of $775 million grew 8% from the year-ago period and outpaced the Zacks Consensus Estimate of $755 million.Thanks to robust results, shares of ALSN ral ...
Don't Overlook These Top-Rated Auto Stocks After Earnings
Zacks Investment Research· 2024-02-15 01:46
The auto sector tends to have promising companies with strong growth narratives due to their essentiality. Following their favorable fourth quarter reports this week Allison Transmission (ALSN) and Goodyear Tire (GT) are starting to fit this description and also stand out in terms of value.With that being said, here’s a look at their quarterly results and an overview of why now is an ideal time to buy these top-rated auto stocks.Allison’s Intriguing Growth & Value As the world’s largest producer of fully ...
Why Allison Transmission Stock Jumped Today
The Motley Fool· 2024-02-15 00:57
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(ALSN) - 2023 Q4 - Earnings Call Transcript
2024-02-14 02:01
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 ...
Allison(ALSN) - 2023 Q4 - Earnings Call Presentation
2024-02-14 02:00
Q4 2023 Earnings Release February 13th, 2024 Dave Graziosi, Chairman & CEO 1 Fred Bohley, Senior Vice President, CFO & Treasurer ...
Here's What Key Metrics Tell Us About Allison Transmission (ALSN) Q4 Earnings
Zacks Investment Research· 2024-02-14 01:31
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) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-13 23:16
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 ...
Allison(ALSN) - 2023 Q4 - Annual Report
2024-02-13 16:00
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 | --- | --- | --- | |--------------------------------------------------------------------|---------------------------------------------------------------- ...
A Closer Look at 3 Auto Stocks Positioned for Q4 Earnings Beat
Zacks Investment Research· 2024-02-09 13:51
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 ...