Allison Transmission Likely To Beat Q1 Earnings Estimates - Earnings Preview

(RTTNews) - Allison Transmission Holdings, Inc. (ALSN) is scheduled to release first-quarter results on April 25, post market. The company is expected to post a double-digit decline in earnings per share and revenue from last year, with analysts modeling a 29% decline in earnings to $0.58 per share and 11.6% decline in revenues to $445.39 million.

In the year-ago period, the company surpassed analyst estimates by a whopping 48 cents or 141% by posting earnings of 82 cents per share vs. consensus $0.34. The company is more likely to beat earnings estimates for the recent first quarter, going by past performance.

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