Allison Transmission Holdings Inc reports results for the quarter ended in June - Earnings Summary

Allison Transmission Holdings

27/07/2023 22:01

* Allison Transmission Holdings Inc  ALSN.N  reported
quarterly
adjusted earnings of $1.92​​ per share for the quarter ended in
June. The mean expectation of ten analysts for the quarter was
for earnings of $1.62 per share.
    * Revenue rose 17.9% to $783.00 million from a year ago;
analysts
expected $735.86 million. 
    * Allison Transmission Holdings Inc's reported EPS for the
quarter
was $1.92​.
    * The mean earnings estimate of analysts had risen by
about 3.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Allison Transmission Holdings Inc shares had risen by 2.5%
this
quarter and gained 39.1% so far this year.
    * The company reported quarterly net income of $175 million.
    * Wall Street's median 12-month price target for Allison
Transmission Holdings Inc is $51.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      1.62           1.92           Beat
 Mar. 31 2023      1.54           1.85           Beat
 Dec. 31 2022      1.25           1.52           Beat
 Sep. 30 2022      1.29           1.45           Beat