earnings
confidence high
sentiment positive
materiality 0.75
Allison Q2 net sales $603M (+60% YoY), EPS $1.01, reaffirms guidance
Allison Transmission Holdings Inc
2021-Q2 EPS reported
$2.07
revenue$1,191,000,000
- Net sales $603M (+60% YoY); net income $110M up >375% from $23M.
- Diluted EPS $1.01; adjusted EBITDA $213M (35% of sales).
- Gross margin improved 400 bps to 47.8%.
- North America On-Highway net sales +84%, Outside NA On-Highway +63%.
- Settled $130M share repurchases; reaffirmed 2021 guidance.