Allison Transmission: Q3 Earnings Snapshot

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INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Allison Transmission Holdings Inc. (ALSN) on Tuesday reported third-quarter earnings of $200 million.

On a per-share basis, the Indianapolis-based company said it had profit of $2.27.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $2.01 per share.

The automatic transmission maker posted revenue of $824 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $790.7 million.

Allison Transmission expects full-year revenue in the range of $3.14 billion to $3.22 billion.

Allison Transmission shares have climbed 72% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $99.77, a rise of 96% 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