Allison Transmission: 1Q Earnings Snapshot

INDIANAPOLIS (AP) _ Allison Transmission Holdings Inc. (ALSN) on Tuesday reported first-quarter earnings of $167 million.

On a per-share basis, the Indianapolis-based company said it had profit of $1.32.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The automatic transmission maker posted revenue of $675 million in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $646.3 million.

Allison Transmission shares have climbed 9 percent since the beginning of the year. The stock has increased 15 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ALSN at https://www.zacks.com/ap/ALSN