Allison Transmission Q1 Earnings Top Estimates, Sales Miss

Allison Transmission Holdings (ALSN) delivered first-quarter 2024 earnings of $2.23 per share, which beat the Zacks Consensus Estimate of$1.97 and rose 17% year over year. Quarterly revenues of $766 million fell 3$775 million.Segmental PerformanceAllison Transmission 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 3. ...