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Allison Transmission Q2 Earnings, Revenue Increase; Ups Full-Year Sales Guidance
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Allison Transmission Q2 Earnings, Revenue Increase; Ups Full-Year Sales Guidance
Jul 25, 2024 2:41 PM

05:20 PM EDT, 07/25/2024 (MT Newswires) -- Allison Transmission ( ALSN ) reported Q2 earnings late Thursday of $2.13 per diluted share, up from $1.92 a year earlier.

Analysts polled by Capital IQ expected $2.03.

Net sales for the quarter that ended June 30 was $816 million, up from $783 million a year earlier.

Analysts surveyed by Capital IQ expected $799.4 million.

The company now expects full-year 2024 revenue of $3.09 billion to $3.17 billion, versus its prior guidance of $3.05 billion to $3.15 billion in April. Analysts polled by Capital IQ expect $3.14 billion.

Price: 84.96, Change: +0.55, Percent Change: +0.65

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