earnings
confidence high
sentiment positive
materiality 0.75
Allison Q2 record revenue $816M, up 4% YoY; raises full-year guidance
Allison Transmission Holdings Inc
2024-Q2 EPS reported
$4.05
revenue$1,605,000,000
- Net sales record $816M (+4% YoY); diluted EPS $2.13 (+11%).
- North America On-Highway net sales $456M, all-time high, up $59M on Class 8 vocational demand.
- Full-year 2024 revenue, earnings, free cash flow guidance raised.
- Adjusted EBITDA $301M; operating cash flow $171M; adjusted free cash flow $150M.
- Returned capital: $0.25 dividend per share and $31M share repurchases.