Allison Transmission Q3 EPS $2.27 Beats $2.01 Estimate, Sales $824.00M Beat $787.77M Estimate
Portfolio Pulse from Benzinga Newsdesk
Allison Transmission reported Q3 earnings per share of $2.27, surpassing the analyst estimate of $2.01, and sales of $824 million, exceeding the $787.77 million estimate. This marks a significant year-over-year increase in both earnings and sales.
October 29, 2024 | 8:45 pm
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Allison Transmission's Q3 earnings and sales exceeded analyst expectations, with EPS at $2.27 and sales at $824 million, indicating strong financial performance and growth compared to the previous year.
The company's earnings per share and sales both exceeded analyst expectations, which is typically a positive indicator for stock performance. The significant year-over-year growth in both metrics further supports a positive outlook.
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