Allison Transmission prepares for Q3 earnings announcement

Allison Transmission (NYSE: ALSN) is scheduled to announce its third-quarter earnings results this Monday after the market close.

Following a strong previous quarter where the company reported revenues of $1.57 billion, a 92.4% increase year-on-year, market expectations for the current quarter are high. Analysts are anticipating revenue growth of 112% year-on-year, which would represent a significant reversal from the 15.9% decrease recorded during the same period last year.

While analysts have generally reconfirmed their estimates over the last 30 days, the company has missed Wall Street revenue estimates multiple times over the past two years. Performance in the heavy transportation equipment segment has been mixed among peers: Trinity reported 17.8% year-on-year revenue growth, while Federal Signal reported revenues up 18.1%, slightly missing estimates.