Allison Transmission Raises FY2024 Sales Guidance from $3.09B-3.17B to $3.13B-3.21B
Portfolio Pulse from Benzinga Newsdesk
Allison Transmission has increased its FY2024 sales guidance, raising the expected range from $3.09 billion-$3.17 billion to $3.13 billion-$3.21 billion.
October 29, 2024 | 8:14 pm
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Allison Transmission has raised its FY2024 sales guidance, indicating improved revenue expectations. The new range is $3.13 billion-$3.21 billion, up from the previous $3.09 billion-$3.17 billion.
The increase in sales guidance suggests that Allison Transmission expects better-than-anticipated performance, which is likely to positively impact investor sentiment and the stock price in the short term.
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