BUZZ-Atmus gains after upbeat Q4 results, annual forecasts

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