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Atmus Filtration Technologies (ATMU) - 2024 Q1 - Earnings Call Presentation
2024-05-03 21:30
First Quarter 2024 Earnings Call May 3, 2024 Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, including, without limitation, those that are based on current expectations, estimates and projections about the industries in which we operate and management’s views, plans, objectives, projections, beliefs and assumptions. Forward-looking statements may be identif ...
Atmus Filtration Technologies (ATMU) - 2024 Q1 - Earnings Call Transcript
2024-05-03 21:30
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 Filtr ...
Atmus Filtration Technologies (ATMU) - 2024 Q1 - Quarterly Report
2024-05-03 16:07
Table of Contents ___________________________ Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $0.0001 par value ATMU New York Stock Exchange UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ___________________________ (Mark One) xQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR oTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITI ...
Atmus Filtration Technologies (ATMU) - 2024 Q1 - Quarterly Results
2024-05-03 10:48
EXHIBIT 99.1 May 3, 2024 Atmus Filtration Technologies Reports First Quarter 2024 Results NASHVILLE, Tenn. – 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 EBITD ...
Is a Beat in Store for Atmus Filtration (ATMU) in Q1 Earnings?
Zacks Investment Research· 2024-05-01 12:41
Atmus Filtration Technologies Inc. (ATMU) is scheduled to release first-quarter 2024 results on May 03, before market open.The company’s earnings surpassed the Zacks Consensus Estimate in each of the last three quarters, the average surprise being 20.3%. In the last reported quarter, its earnings of 49 cents per share beat the Zacks Consensus Estimate of 43 cents by 14%.Let’s see how things have shaped up for Atmus Filtration this earnings season.Key FactorsThe company’s four-pillar growth strategy, which f ...
Has Atmus Filtration Technologies Inc. (ATMU) Outpaced Other Industrial Products Stocks This Year?
Zacks Investment Research· 2024-04-15 14:46
Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Is Atmus Filtration Technologies (ATMU) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.Atmus Filtration Technologies is a member of our Industrial Products group, which includes 222 different companies and currently sits at #3 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in or ...
Atmus Filtration Technologies (ATMU) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-04-10 23:21
Atmus Filtration Technologies (ATMU) closed at $32.35 in the latest trading session, marking a +0.09% move from the prior day. This move outpaced the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.Prior to today's trading, shares of the industrial filtration product company had gained 27.4% over the past month. This has outpaced the Industrial Products sector's gain of 4.45% and the S&P 500's gain of 1.78% in that time.Market participants will be ...
3 Buy-Rated Stocks Flexing Relative Strength
Zacks Investment Research· 2024-04-10 20:31
Several stand-out stocks displaying relative strength have emerged over the last month, including Exact Sciences (EXAS) , Kaiser Aluminum (KALU) , and Atmus Filtration Technologies (ATMU) .Relative strength focuses on stocks that have performed at a higher level relative to the market or another relevant benchmark. By targeting stocks displaying this bullish price action, investors can find themselves in positive market trends where buyers are in control.Below is a chart illustrating the performance of each ...
Atmus Filtration (ATMU) is on the Move, Here's Why the Trend Could be Sustainable
Zacks Investment Research· 2024-04-08 13:50
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...
3 Stocks to Buy From the Thriving Pollution Control Industry
Zacks Investment Research· 2024-04-04 13:51
The Zacks Pollution Control industry’s growth is poised to benefit from strong demand for air pollution abatement products, thanks to rising greenhouse gas emissions and growing awareness among the masses regarding health-related risks. Strict laws and emission standards implemented by countries worldwide should continue to drive demand for industry participants.However, increased adoption of renewable sources of energy with rising preference for alternative fuels and electric vehicles have marred the outlo ...