Allison Transmission (ALSN) Tops Q1 EPS by 20c, Affirms FY Guidance

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Go back to Allison Transmission (ALSN) Tops Q1 EPS by 20c, Affirms FY Guidance

Allison Transmission Announces First Quarter 2019 Results

April 23, 2019 6:55 AM EDT

* Net Sales of $675 million, up 2 percent year-over-year

* Net Income of $167 million, 25% of Net Sales

* Adjusted EBITDA of $290 million, 43% of Net Sales

* Diluted EPS of $1.32, up 22 percent year-over-year

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 first quarter of $675 million, a 2 percent increase from the same period in 2018. The increase in net sales was principally driven by higher demand in the North America On-Highway and... More