Allison Transmission: Q3 Earnings Snapshot
By AP News
Published - Oct 29, 2024, 04:12 PM ET
Last Updated - Dec 16, 2024, 05:53 PM EST
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Allison Transmission Holdings Inc. (ALSN) on Tuesday reported third-quarter earnings of $200 million.
On a per-share basis, the Indianapolis-based company said it had profit of $2.27.
The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.
The automatic transmission maker posted revenue of $824 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $790.7 million.
