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Fly News Breaks for June 14, 2016
ALSN
Jun 14, 2016 | 07:14 EDT
As noted earlier, Stifel downgraded Allison Transmission to Hold from Buy. As reasons for the downgrade, the firm cited valuation and its belief that the company's growth will likely be "muted" in 2017-2018.
News For ALSN From the Last 2 Days
ALSN
Apr 25, 2024 | 16:20 EDT
"We are reaffirming our full year 2024 guidance provided to the market on February 13. Allison expects 2024 Net Sales in the range of $3,050 to $3,150 million, Net Income in the range of $635 to $685 million, Adjusted EBITDA in the range of $1,070 to $1,130 million, Net Cash Provided by Operating Activities in the range of $700 to $760 million, Capital Expenditures in the range of $125 to $135 million, and Adjusted Free Cash Flow in the range of $575 to $625 million."