Allison (ALSN) Q2 Earnings Beat Estimates, Guidance Revised

Allison Transmission Holdings (ALSN) delivered second-quarter 2024 earnings of $2.13 per share, which rose 11% year over year and beat the Zacks Consensus Estimate of $2.04. Record quarterly revenues of $816 million grew 4% from the year-ago period's level and outpaced the Zacks Consensus Estimate of $799 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 14.8% year o ...