Allison (ALSN) Q4 Earnings Top Estimates on Record Sales
Allison(ALSN) Zacks Investment Research·2024-02-15 13:51Allison 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 ...