Allison Transmission (ALSN) Tops Q3 EPS by 24c, raises guidance

Allison Transmission (NYSE: ALSN) reported Q3 EPS of $2.27, $0.24 better than the analyst estimate of $2.03. Revenue for the quarter came in at $824 million versus the consensus estimate of $790.05 million.

GUIDANCE:

Allison Transmission sees FY2024 revenue of $3.135-3.215 billion, versus the consensus of $3.167 billion. Net Income in the range of $675 to $725 million, Adjusted EBITDA in the range of $1,115 to $1,175 million, Net Cash Provided by Operating Activities in the range of $740 to $800 million, Capital Expenditures in the range of $135 to $145 million, and Adjusted Free Cash Flow in the range of $605 to $655 million.

For earnings history and earnings-related data on Allison Transmission (ALSN) click here.

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