Atmus gains after upbeat Q4 results, annual forecasts

Atmus Filtration Technologies

21/02/2025 13:15

** Atmus Filtration Technologies'  ATMU.N  shares rise
4.1% to $40.79 premarket after the filtration solutions provider
beat Q4 profit and sales estimates
  
        ** Co reports Q4 adjusted EPS of $0.58 vs. estimates of
$0.52, according to data compiled by LSEG 
  
         ** ATMU's net sales for Q4 reached $407 million vs
estimates of $399.4 million
  
        ** Sales primarily driven by higher volume and increases
in pricing
  
        ** ATMU expects FY25 EPS in the range of $2.35 to $2.60,
the higher end of which is above the analysts' expectation of
$2.53 
  
        ** Forecasts FY25 revenue between 1.67 billion to 1.73
billion vs. analysts' expectation of 1.71 billion
  
        ** Six of seven brokerages rate the stock "buy" or
higher, one "hold"; their median PT is $49
  
        ** Stock had risen 66.8% in 2024
  

 (Reporting by Ragini Mathur in Benagluru)
 ((Ragini.Mathur@thomsonreuters.com;))