Allison Transmission Holdings Inc
ALSN: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$31.00 | Dcpxzd | Wkqybqyh |
Allison Earnings: Demand for Medium-Duty Trucks Is Strong; Shares Trade at an Attractive Valuation
Allison reported solid third-quarter earnings, thanks to strong demand for the company's transmissions in medium-duty and vocational trucks. Consolidated sales were up nearly 4% year on year, largely due to strength in Allison's North America on-highway (up over 10%), defense (up nearly 23%), and services (up almost 9%) businesses.