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ATMU — Atmus Filtration Technologies News Story

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Atmus Q2 sales beat estimates on Koch Filter deal, higher pricing

Atmus Q2 sales beat estimates on Koch Filter deal, higher pricing


Overview

  • Filtration solutions provider's Q2 net sales rose 16% yr/yr, beating analyst expectations

  • Adjusted EPS for Q2 beat analyst expectations

  • Sales growth driven by Koch Filter acquisition, higher pricing, and increased volumes


Outlook

  • Atmus raises 2026 net sales outlook to $1.98 bln-$2.03 bln

  • Company expects 2026 adjusted EPS of $2.85-$3.00

  • Adjusted EBITDA margin for 2026 seen at 19.75%-20.25%


Result Drivers

  • KOCH FILTER ACQUISITION - Co said Q2 sales growth was primarily driven by the acquisition of Koch Filter

  • HIGHER PRICING - Co said increases in pricing contributed to higher sales and gross margin

  • INCREASED VOLUMES - Co said higher volumes supported sales growth


Company press release: ID:nBw3G0Gbka


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Sales

Beat

$527.90 mln

$505.37 mln (5 Analysts)

Q2 Adjusted EPS

Beat

$0.82

$0.78 (5 Analysts)

Q2 Net Income

$63.90 mln

Q2 Operating Income

Beat

$97.20 mln

$92.33 mln (5 Analysts)

Q2 Pretax Profit

Beat

$82.80 mln

$79.85 mln (4 Analysts)

Q2 Basic EPS

$0.78


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

  • Wall Street's median 12-month price target for Atmus Filtration Technologies Inc. is $63.44, about 16.4% above its August 6 closing price of $54.51

  • The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 21 three months ago


Reuters Recommended Reads

  • Aug 4 - Cummins misses quarterly profit estimates despite strong generator demand

  • Aug 6 - Dana Q2 sales rise 4%, beat estimates

  • Aug 6 - Parker-Hannifin forecasts annual profit above estimates on strong aerospace parts demand


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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