Investing.com - Allison Transmission reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Allison Transmission announced earnings per share of $1.45 on revenue of $710.00. Analysts polled by Investing.com anticipated EPS of $1.29 on revenue of $681.33M.
Allison Transmission shares are down 4.3% from the beginning of the year and are trading at $41.10 , down-from-52-week-high.
Allison Transmission shares gained 5.33% in after-hours trade after the report.
Allison Transmission follows other major Industrials sector earnings this month
Allison Transmission's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
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