Allison Transmission Announces Second Quarter 2019 Results
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Allison Transmission (ALSN) Tops Q2 EPS by 27c; Raises Outlook
July 31, 2019 4:10 PM EDTAllison Transmission (NYSE: ALSN) reported Q2 EPS of $1.46, $0.27 better than the analyst estimate of $1.19. Revenue for the quarter came in at $737 million versus the consensus estimate of $687.62 million.
We are pleased to report that Allisons second quarter 2019 results exceeded our expectations and the guidance ranges provided to the market on April 23, led by year-over year net sales growth of 4 percent, to a record $737 million. Furthermore, Allison continues its well-defined approach to capital structure and allocation,... More
