Atmus Filtration Technologies Inc

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Atmus Filtration Technologies excels in Q2 2023 earnings call

Atmus Filtration Technologies delivered a robust performance in Q2 2023, showcasing sales growth, margin expansion, and strong financial health. Strategic initiatives and a clear growth trajectory position the company for future success.
While facing challenges in maintaining growth momentum and achieving margin targets, Atmus has opportunities to drive further expansion through technology leadership and acquisitions. Proactive management of risks and uncertainties will be crucial.
Investors can be optimistic about Atmus's financial outlook, transparency, and commitment to shareholder value. The company's focus on operational efficiency, strategic growth, and effective capital allocation bodes well for long-term sustainability.

Atmus Filtration Technologies reports solid Q3 performance and growth opportunities

Atmus Filtration Technologies showcased strong financial performance in Q3, focusing on operational efficiency and strategic growth initiatives.
While facing challenges such as sales decrease and margin sustainability concerns, the company's liquidity position and growth strategy present opportunities for future expansion.
Analysts' questions highlighted areas for improvement, emphasizing the need for the company to address challenges and leverage opportunities for sustained growth.

Atmus Filtration Technologies reports robust Q4 earnings and automation focus

Atmus Filtration Technologies Inc delivered strong financial performance in Q4 2023 and full-year 2023, with a focus on growth strategies and automation. Facing challenges in revenue fluctuations and strategic decision-making on automation.
Opportunities lie in the share exchange offer, expansion into industrial filtration markets, and leveraging automation for efficiency. Strategic investments in capacity and automation projects position Atmus for future growth and innovation.

Atmus Filtration Technologies reports strong Q1 performance and growth plans

Atmus Filtration Technologies shows resilience amidst market challenges.
Focused on growth and value creation for shareholders through strategic initiatives.
Balancing market uncertainties with opportunities for expansion and shareholder returns.

Atmus Filtration Technologies reports robust Q2 performance amidst market challenges

Atmus Filtration Technologies showcased strong financial performance and strategic resilience in Q2 2024.
While facing challenges in certain market segments, the company's growth pillars and capital return program signal confidence in future prospects.
By leveraging opportunities in aftermarket growth and market expansion, Atmus Filtration Technologies aims to drive sustainable growth and shareholder value.

Atmus Filtration Technologies reports solid Q3 performance amidst market challenges

Atmus Filtration Technologies showcased resilience and growth in Q3 2024, bolstered by increased sales, strong margins, and strategic financial management.
While facing challenges in specific markets, the company's focus on operational efficiency and growth pillars signals a commitment to long-term success.
By leveraging opportunities in aftermarket expansion and industrial filtration markets, Atmus Filtration Technologies aims to drive sustainable growth and value creation for stakeholders.

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Atmus Filtration Technologies, Inc. engages in the design, manufacture, and sale of filters, coolant, and chemical products. It offers products for first fit and aftermarket applications including air filters, fuel filters, fuel water separators, lube filters, hydraulic filters, coolants, and fuel additives. The company was founded in 1958 and is headquartered in Nashville, TN.

Atmus Filtration Technologies Inc. (NYSE:ATMU ) Q1 2024 Earnings Conference Call May 3, 2024 11:00 AM ET Company Participants Todd Chirillo - Executive Director, IR Steph Disher - CEO Jack Kienzler - CFO Conference Call Participants Tami Zakaria - JPMorgan Rob Mason - Baird Jerry Revich - Goldman Sachs Joe O'Dea - Wells Fargo Bobby Brooks - Northland Capital Markets David Ridley-Lane - Bank of America Operator Hello, and thank you for standing by. At this time, I would like to welcome everyone to Atmus Filtration Technologies' First Quarter 2024 Earnings Call.

Atmus Filtration Technologies Inc. (ATMU) Q1 2024 Earnings Call Transcript

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its first quarter that ended March 31, 2024. First Quarter Highlights Net sales of $427 million GAAP net income of $46 million Diluted earnings per share of $0.54 Adjusted earnings per share of $0.60 Adjusted EBITDA of $80 million and adjusted EBITDA margin of 18.8% 2024 Outlook The company is reaffirming guidance for.

Atmus Filtration Technologies Reports First Quarter 2024 Results

Atmus (ATMU) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Should You Buy Atmus (ATMU) Ahead of Earnings?

Atmus Filtration's (ATMU) first-quarter performance is expected to benefit from solid momentum in first-fit markets and robust demand for the Fleetguard brand.

Is a Beat in Store for Atmus Filtration (ATMU) in Q1 Earnings?

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NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, announced today that it will report financial results for the first quarter 2024 before market open on Friday, May 3, 2024. The company will also hold a conference call on the same day at 10:00 AM CT to discuss its financial results with the investment community. A live webcast and replay of the conference call can be accessed from the Atmus investor relations w.

Atmus Filtration Technologies to Announce First Quarter 2024 Results on May 3, 2024

Atmus Filtration Technologies (ATMU) reachead $32.35 at the closing of the latest trading day, reflecting a +0.09% change compared to its last close.

Atmus Filtration Technologies (ATMU) Advances While Market Declines: Some Information for Investors

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Atmus Filtration (ATMU) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Atmus Filtration (ATMU) is on the Move, Here's Why the Trend Could be Sustainable

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NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”), a global leader in filtration and media solutions, has announced the expansion of its distribution capabilities with the inauguration of the Atmus Southern Distribution Center (SDC) in Hutchins, Texas, U.S. SDC had a soft launch in late 2023 and is now fully operational, signifying a critical milestone as Atmus transforms its supply chain to better serve its customers. The facility serves customers thr.

Atmus Filtration Technologies Inaugurates New Distribution Center

Atmus Filtration (ATMU) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Recent Price Trend in Atmus Filtration (ATMU) is Your Friend, Here's Why

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NASHVILLE, Tenn.--(BUSINESS WIRE)--Today, Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) announced the appointment of Diego Donoso and Stuart Taylor to its Board of Directors. “I am pleased to have Diego and Stuart join the Atmus Board of Directors at a pivotal time for our company,” said Steph Disher, CEO of Atmus. “Both Diego's experience leading manufacturing and technology-focused companies and Stuart's knowledge in both creating businesses and M&A activity will play vital ro.

Atmus Filtration Technologies appoints Diego Donoso and Stuart A Taylor II to its Board of Directors

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) today announced its separation from Cummins Inc. (“Cummins”), marking Atmus' first day as a fully independent company. “Today we celebrate a new day for Atmus,” shared Steph Disher, Chief Executive Officer of Atmus. “As we look at what's next for Atmus, we have a clear strategy along with a talented and dedicated team that continues to deliver the filtration solutions our customers expect from us. I am.

Atmus Becomes a Fully Independent Company Following Final Separation from Cummins

Cummins

COLUMBUS, Ind.--(BUSINESS WIRE)-- #cummins--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final results of its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins. The exchange offer expired at 12:00 midnight, New York City time, at the end of the day on March 13, 2024. Pursuant to the exchange offer, Cummins has accepted 5,574,051 shares of Cummins.

Cummins Announces Final Results of Exchange Offer and Finalizes Separation of Atmus Filtration Technologies Inc.

Atmus (ATMU) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How Atmus (ATMU) Stock Stands Out in a Strong Industry

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that, based on preliminary results, its previously announced offer to its shareholders to exchange their shares of Cummins common stock for shares of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) common stock owned by Cummins was oversubscribed. The exchange offer expired at 12:00 midnight, New York City time, at the end of the day on March 13, 2024. Under the terms of the exchange offer, 12.0298.

Cummins Announces Preliminary Results of Atmus Filtration Technologies Inc. Exchange Offer

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced the final exchange ratio for its previously announced split-off exchange offer to Cummins shareholders to exchange their shares of common stock of Cummins for shares of common stock of Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”) currently held by Cummins. For each share of Cummins common stock that is validly tendered and not properly withdrawn by shareholders and that is accepted by Cummins pur.

Cummins Announces Final Exchange Ratio of 12.0298 in Split-Off of Atmus Filtration Technologies Inc.

The consensus price target hints at a 25.4% upside potential for Atmus Filtration (ATMU). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts See a 25.37% Upside in Atmus Filtration (ATMU): Can the Stock Really Move This High?

Atmus Filtration Technologies, Inc. (ATMU) Q4 2023 Earnings Call Transcript

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU) today announced that it will file a Form S-4 Registration Statement with the Securities and Exchange Commission (the “SEC”) in connection with Cummins' (NYSE: CMI) offer to exchange up to 67,054,726 shares of Atmus common stock that Cummins owns, representing 80.5% of the total outstanding shares of Atmus common stock, for outstanding shares of Cummins common stock. Pursuant to the exchange offer, Cummins.

Atmus To File Form S-4 Registration Statement in Connection with Cummins Exchange Offer

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) (“Cummins”) announced that it will commence an exchange offer to fully split off its remaining interest in Atmus Filtration Technologies Inc. (NYSE: ATMU) (“Atmus”). In May 2023, Atmus completed its initial public offering where 19.5%, or 16,243,070 shares, of Atmus' common stock was sold, with Cummins retaining the remaining 80.5% of Atmus' common stock. Through the planned exchange offer, Cummins shareholders will have the optio.

Cummins Launches Exchange Offer for Separation of Atmus Filtration Technologies Inc.

NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in filtration and media solutions, today reported financial results for its fourth quarter and full year that ended December 31, 2023. Fourth Quarter and Full Year Highlights Net sales of $400 million for the fourth quarter and $1,628 million full year GAAP net income of $35 million for the fourth quarter and $171 million full year Diluted earnings per share of $0.42 for the fourth quarter.

Atmus Filtration Technologies Reports Fourth Quarter and Full Year 2023 Results

Atmus Filtration's (ATMU) fourth-quarter performance is expected to have gained from solid demand in first-fit markets. Growing popularity of its Fleetguard brand is likely to have aided results.

News for Atmus Filtration Technologies Inc Stock (ATMU)