earnings
confidence high
sentiment positive
materiality 0.85
Allison Transmission Q3: record net sales $824M (+12% YoY), EPS $2.27 (+29%); raises full-year guidance
Allison Transmission Holdings Inc
2024-Q3 EPS reported
$6.32
revenue$2,429,000,000
- Net sales $824M (quarterly record), +12% YoY; net income $200M (+27%); diluted EPS $2.27 (+29%).
- North America On-Highway +$81M on Class 8 vocational & medium-duty truck demand; Defense +$10M.
- Outside NA On-Highway net sales $126M (Q3 record), led by Asia demand; price increases on certain products.
- Adjusted EBITDA $305M; net cash from ops $246M; adjusted free cash flow $210M.
- Full-year 2024 revenue, earnings, and cash flow guidance raised on strength in NA On-Highway end market.