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Allison Transmission Q3 Earnings, Sales Rise; Full-Year Sales Outlook Raised
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Allison Transmission Q3 Earnings, Sales Rise; Full-Year Sales Outlook Raised
Oct 29, 2024 3:02 PM

05:28 PM EDT, 10/29/2024 (MT Newswires) -- Allison Transmission Holdings ( ALSN ) reported Q3 earnings late Tuesday of $2.27 per diluted share, up from $1.76 a year earlier.

Analysts polled by Capital IQ expected $2.03.

Net sales for the quarter ended Sept. 30 were $824 million, up from $736 million a year earlier.

Analysts surveyed by Capital IQ expected $790 million.

The company said it now expects full-year 2024 net sales of $3.14 billion to $3.22 billion, compared with its prior guidance of $3.09 billion to $3.17 billion. Analysts surveyed by Capital IQ expect $3.17 billion.

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