Allison Transmission (ALSN) Tops Q3 EPS by 18c; Raises Outlook

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Go back to Allison Transmission (ALSN) Tops Q3 EPS by 18c; Raises Outlook

Allison Transmission Announces Third Quarter 2018 Results

October 29, 2018 4:05 PM EDT

* Net Sales of $692 million, up 16 percent year-over-year

* Net Income of $167 million, up 50 percent year-over-year

* Diluted EPS of $1.27, up 69 percent year-over-year

* Adjusted EBITDA of $295 million, up 22 percent year-over-year

* Company raises full year 2018 net sales guidance to an increase in the range of 18 to 19 percent

INDIANAPOLIS--(BUSINESS WIRE)-- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the third quarter of $692 million, a 16 percent increase from the... More