Earnings Preview: Allison Transmission
Portfolio Pulse from Benzinga Insights
Allison Transmission (NYSE:ALSN) is scheduled to release its quarterly earnings report on February 13, 2024. Analysts predict an EPS of $1.43. The company's past earnings performance shows a mix of beats and misses, with the stock price reacting variably. Shares are currently trading at $61.7, up 37.26% over the last year. Investors are keen on the upcoming guidance for future growth.
February 12, 2024 | 5:01 pm
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Allison Transmission is expected to report an EPS of $1.43 for the upcoming quarter. Historical data shows variable stock price reactions to past earnings reports. Currently, shares have risen 37.26% over the last year.
Given Allison Transmission's mixed historical earnings performance and the current positive year-over-year share price growth, the short-term impact of the upcoming earnings report is uncertain. While a beat on the EPS estimate and positive future guidance could push the stock higher, the company's history of variable stock price reactions post-earnings suggests a cautious approach. The importance of the guidance for future growth cannot be overstated, as it may significantly influence investor sentiment.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100