ALSN

Allison Transmission has demonstrated a strong streak of beating earnings estimates in its last two quarterly reports, surpassing consensus by an average of 3.09%. With a positive Earnings ESP of +6.86% and a Zacks Rank #1 (Strong Buy) rating, analysts suggest the company is well-positioned to beat estimates again in its next earnings release. The combination of positive Earnings ESP and strong Zacks Rank historically produces positive surprises nearly 70% of the time.

The article highlights two auto stocks with positive Earnings Surprise Prediction (ESP) figures that may beat analyst expectations in their upcoming earnings reports. Rivian Automotive (RIVN) has a +15.43% ESP with a Hold rating, while Allison Transmission (ALSN) has a +6.86% ESP with a Strong Buy rating. Both stocks are positioned to potentially outperform market expectations based on the Zacks ESP methodology.

Allison Transmission (ALSN) is outperforming the Auto-Tires-Trucks sector with an 18.2% year-to-date gain, compared to the sector's average loss of 12.7%. The company holds a Zacks Rank #1 (Strong Buy) with improved analyst sentiment, as consensus earnings estimates have risen 6.8% in the past quarter. BorgWarner (BWA) is another sector outperformer with a 33.7% year-to-date return.