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flag Allison Transmission Holdings' shares rose 11% after Q3 earnings beat expectations and the company projected strong end-market demand for 2024, raising FY 2024 guidance.

flag Allison Transmission Holdings' shares rose 11% on Wednesday after the company issued an upbeat 2024 outlook based on strong end-market demand. flag The auto parts company reported $1.91 EPS for the quarter, topping the consensus estimate of $1.42 by $0.49, and its revenue for the quarter was up 7.9% on a year-over-year basis. flag The company updated its FY 2024 guidance to EPS and expects another record revenue year.

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