ALSN Stock Recent News

Allison Transmission (ALSN) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $2.04 per share. This compares to earnings of $1.92 per share a year ago.

Record quarterly net sales of $816 million, up 4% year over year Diluted EPS of $2.13, up 11% year over year Increasing full year 2024 revenue, earnings and cash flow guidance INDIANAPOLIS , July 25, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $816 million, a quarterly record driven by all-time high quarterly net sales of $456 million in the North America On-Highway end market. David S. Graziosi, Chair and Chief Executive Officer of Allison Transmission commented, "Unprecedented demand for Class 8 vocational vehicles drove record quarterly revenue in our North America On-Highway end market, propelling second quarter revenue to a company record of $816 million.

INDIANAPOLIS , July 24, 2024 /PRNewswire/ -- Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter natural gas engine paired with the Allison 4000 SeriesTM fully automatic transmission. Sandman, a bulk cement hauling fleet based in San Jose, California, has successfully completed over 50,000 miles of vehicle testing in the field and reports significant improvements in fuel efficiency and performance.

Through its partnership with Element Technical Services, the next-generation purpose-built Allison hydraulic fracturing transmission is in operation in Canadian oil fields. INDIANAPOLIS , July 23, 2024 /PRNewswire/ -- Allison Transmission has partnered with Element Technical Services, an industry-leading pressure pumping services company serving the Williston Basin, Powder River Basin and Western Canadian Sedimentary Basin, to field Allison's FracTran® in Canada for the first time.

INDIANAPOLIS , July 18, 2024  /PRNewswire/ -- Allison Transmission has formed a new strategic partnership with Lingong Heavy Machinery Co. Ltd. (LGMG), a prominent Chinese mining equipment manufacturer, to provide industry-leading mining vehicles to customers across the globe.

Allison Transmission (ALSN) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Allison (ALSN) signs a contract with BAE Systems Hagglunds to supply the new Allison 4040 MX propulsion system for the ongoing CV90 IFV programs.

Allison Transmission (ALSN) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

New Allison 4040 MX™ cross-drive transmission to equip the CV90 Mk IV infantry fighting vehicle. INDIANAPOLIS , July 17, 2024 /PRNewswire/ -- Allison Transmission has signed a contract with BAE Systems Hägglunds, one of Europe's most successful producers of tracked combat vehicles, to provide the new Allison 4040 MX™ propulsion solution for ongoing CV90 Infantry Fighting Vehicle (IFV) programs with production expected to begin in 2028.

Investors interested in stocks from the Automotive - Original Equipment sector have probably already heard of Allison Transmission (ALSN) and Ferrari (RACE). But which of these two stocks presents investors with the better value opportunity right now?