Allison Transmission Q2 2023 Earnings Report

Allison Transmission EPS Results

• Actual EPS: $1.92
• Consensus EPS: $1.61
• Beat/Miss: Beat by +$0.31
• One Year Ago EPS: $1.26

Allison Transmission Revenue Results

• Actual Revenue: $783.00 million
• Expected Revenue: $735.95 million
• Beat/Miss: Beat by +$47.05 million
• YoY Revenue Growth: +17.90%

Allison Transmission Announcement Details

• Quarter: Q2 2023
• Date: 7/27/2023
• Time: After Market Closes

Allison Transmission (NYSE:ALSN), together with its subsidiaries, designs, manufactures, and sells fully automatic transmissions for medium- and heavy-duty commercial vehicles and medium- and heavy-tactical U.S. defense vehicles, and electrified propulsion systems worldwide. It provides commercial-duty on-highway, off-highway and defense fully automatic transmissions, and electric hybrid and fully electric systems. The company offers transmissions for various applications, including distribution, refuse, construction, fire, and emergency on-highway trucks; school and transit buses; motor homes; energy, mining, and construction off-highway vehicles and equipment; and wheeled and tracked defense vehicles. It provides its transmissions and electric propulsion solutions under the Allison Transmission brand name; and remanufactured transmissions under the ReTran brand name. The company also sells branded replacement parts, support equipment, aluminum die cast components, and other products necessary to service the installed base of vehicles utilizing its solutions, as well as defense kits, engineering services, and extended transmission coverage services to various original equipment manufacturers, distributors, and the U.S. government. It serves customers through an independent network of approximately 1,600 independent distributor and dealer locations. The company was formerly known as Clutch Holdings, Inc. Allison Transmission Holdings, Inc. was founded in 1915 and is headquartered in Indianapolis, Indiana.