earnings
confidence high
sentiment positive
materiality 0.85
Allison Q2 record net sales $783M, EPS $1.92, raises FY guidance to $3B
Allison Transmission Holdings Inc
2023-Q2 EPS reported
$3.75
revenue$1,524,000,000
- Record quarterly net sales of $783M, up 18% YoY; diluted EPS $1.92, up 52% YoY.
- Net income $175M (22% of sales), up 43% YoY; Adjusted EBITDA $288M.
- Raised full-year 2023 net sales guidance to $3B at midpoint.
- North America On-Highway net sales $397M (+17%); Service Parts $181M (+31%).
- Repurchased over 2M shares in Q2; paid quarterly dividend of $0.23 per share.