Allison Transmission (NYSE: ALSN) will report earnings after the bell on Monday. Last quarter, the company missed revenue expectations by 3.2%, with revenues at $766 million, down 2.9% year on year. This quarter, analysts expect revenue to decline by 2% to $800 million, with adjusted earnings at $2.22 per share. Peers Greenbrier and PACCAR have already reported Q2 results, with Greenbrier exceeding revenue expectations by 7.3% and PACCAR reporting a decline in revenue. Investors in the heavy transportation equipment segment are awaiting Allison Transmission’s results, with an average analyst price target of $103.56.

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