Allison Transmission: Q4 Earnings Snapshot
By AP News
Published - Feb 13, 2024, 04:24 PM ET
Last Updated - Feb 13, 2024, 04:24 PM EST
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Allison Transmission Holdings Inc. (ALSN) on Tuesday reported fourth-quarter earnings of $170 million.
On a per-share basis, the Indianapolis-based company said it had profit of $1.91.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.42 per share.
The automatic transmission maker posted revenue of $775 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $755.1 million.
