Allison Transmission reported second-quarter adjusted earnings of $2.73 per share, up 19.2% year over year and above the Zacks Consensus Estimate of $2.60, while revenues surged 92% to $1,566 million, beating expectations. The top-line growth was driven by the addition of Allison Off-Highway, which contributed $706 million in sales, and record quarterly sales in the legacy Transmission unit, which generated $860 million. The company raised its full-year 2026 net sales guidance to $5.8-$6.0 billion and adjusted EBITDA to $1.465-$1.575 billion, while narrowing net income to $600-$700 million. Management also reaffirmed its $120 million annual run-rate synergy target from the Off-Highway acquisition, with 90% of identified synergies already in execution. Shares have risen 0.1% since the earnings report, outperforming the S&P 500, but estimates have trended downward, and the stock holds a Zacks Rank #3 (Hold).
Allison Transmission Holdings IncAllison beat Q2 estimates with adjusted EPS of $2.73 and raised its full-year 2026 sales and EBITDA guidance.
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