Yahoo Finance Curious about Allison Transmission (ALSN) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Allison Transmission (ALSN) will report quarterly earnings of $1.88 per share in its upcoming release, pointing to a year-over-year increase of 1.6%. It is anticipated that revenues will amount to $759.65 million, exhibiting an increase of 2.5% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 2.2% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.
With that in mind, let's delve into the average projections of some Allison Transmission metrics that are commonly tracked and projected by analysts on Wall Street.
The consensus estimate for 'Net Sales by End Market- North America On-Highway' stands at $387.08 million. The estimate points to a change of +3% from the year-ago quarter.
The combined assessment of analysts suggests that 'Net Sales by End Market- North America Off-Highway' will likely reach $5.75 million. The estimate indicates a change of -76% from the prior-year quarter.
Analysts' assessment points toward 'Net Sales by End Market- Service Parts, Support Equipment & Other' reaching $177.31 million. The estimate indicates a change of -3.1% from the prior-year quarter.
Based on the collective assessment of analysts, 'Net Sales by End Market- Defense' should arrive at $41.55 million. The estimate indicates a change of +53.9% from the prior-year quarter.
The consensus among analysts is that 'Net Sales by End Market- Outside North America Off-Highway' will reach $27.58 million. The estimate indicates a change of +19.9% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Sales by End Market- Outside North America On-Highway' of $120.87 million. The estimate indicates a change of +11.9% from the prior-year quarter.
View all Key Company Metrics for Allison Transmission here>>>
Allison Transmission shares have witnessed a change of -0.8% in the past month, in contrast to the Zacks S&P 500 composite's -4% move. With a Zacks Rank #1 (Strong Buy), ALSN is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Allison Transmission Holdings, Inc. (ALSN) : Free Stock Analysis Report
