Allison Transmission Q4 Earnings Beat Expectations, Revenue Surpasses Forecasts
Key Highlights:
* Fourth-quarter earnings: $175 million
* Earnings per share: $2.01, exceeding Wall Street estimates of $1.93
* Revenue: $796 million, surpassing expectations of $791.2 million
* Full-year earnings: $731 million
* Full-year revenue: $3.23 billion
* Full-year revenue guidance: $3.2 billion to $3.3 billion
Share Performance:
* Shares up 6% since the year's start
* Trading at $114.19, representing an 82% increase over the past 12 months