Atmus Filtration Technologies Inc reports results for the quarter ended in March - Earnings Summary

Atmus Filtration Technologies

03/05/2024 15:31

* Atmus Filtration Technologies Inc  ATMU.N  reported
quarterly
adjusted earnings of 54 cents​​ per share for the quarter ended
in March.  The mean expectation of six analysts for the quarter
was for earnings of 55 cents per share. Wall Street expected
results to range from 52 cents to 57 cents per share.
    * Revenue was $426.60 million​; analysts expected $416.24
million. 
    * Atmus Filtration Technologies Inc's reported EPS for the
quarter
was 54 cents​.
    * The company reported quarterly net income of $45.5
million.
    * Atmus Filtration Technologies Inc shares had fallen
by 4.1% this
quarter and gained 31.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 18.6%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the auto, truck &
motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Atmus Filtration
Technologies Inc is $34.50 
This summary was machine generated from LSEG data May 3 at 02:31
p.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      0.55           0.54           Missed
 Dec. 31 2023      0.40           0.42           Beat
 Sep. 30 2023      0.45           0.45           Met
 Jun. 30 2023      0.48           0.55           Beat