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Allison Transmission Holdings (ALSN)
NYSE:ALSN
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.89Last Year’s EPS
$1.91Same Quarter Last Year
Based on 7 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 29, 2024
|% Change Since: 9.37%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a strong performance with record revenues and increased profitability. The company is optimistic about future growth, driven by strategic investments and partnerships. However, there are concerns about seasonal production declines and supply chain constraints. Overall, the positive developments and financial results outweigh the challenges.Company Guidance
In the third quarter 2024 earnings call for Allison Transmission, the company provided updated guidance reflecting robust performance and ongoing demand. The executives reported a 12% year-over-year increase in net sales, reaching $824 million, with significant contributions from a 22% rise in the North American On-Highway market and a 23% increase in the Defense end market. Gross profit improved to $396 million, while net income surged by 27% to $200 million, driven by higher sales and reduced interest expenses. Adjusted EBITDA rose from $267 million in 2023 to $305 million. The company also highlighted a strong cash flow position, ending the quarter with a net leverage ratio of 1.4x and $788 million in cash. Looking ahead, Allison raised its full-year guidance, expecting net sales between $3,135 million and $3,215 million, net income in the range of $675 million to $725 million, and adjusted EBITDA between $1,115 million and $1,175 million.Record Revenue and Growth
Year-over-year net sales increased 12% to a record $824 million, driven by a 22% increase in North American On-Highway market and a 23% increase in the Defense end market.
Improved Profitability
Gross profit increased by $39 million to $396 million. Net income rose by 27% to $200 million, and diluted earnings per share reached a record of $2.27, a 29% increase.
Raising Full Year Guidance
Revised full year guidance with increased revenue, earnings, and cash flow projections, expecting net sales between $3,135 million and $3,215 million.
Strategic Investments and Partnerships
Invested over $100 million in expanding the India facility and announced partnerships with Lugan and Ashok Leyland to drive growth in new markets.
Strong Cash Flow and Shareholder Returns
Adjusted free cash flow increased to $210 million. Continued share repurchases and dividends, with $50 million of common stock repurchased.
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ALSN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ALSN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 29, 2024 | $99.93 | $107.85 | +7.93% |
| Jul 25, 2024 | $83.98 | $87.32 | +3.98% |
| Apr 25, 2024 | $79.59 | $73.87 | -7.19% |
| Feb 13, 2024 | $60.82 | $69.28 | +13.91% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Allison Transmission Holdings (ALSN) report earnings?
Allison Transmission Holdings (ALSN) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Allison Transmission Holdings (ALSN) earnings time?
Allison Transmission Holdings (ALSN) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ALSN EPS forecast?
ALSN EPS forecast for the fiscal quarter 2024 (Q4) is $1.89.
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