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Atmus Filtration Technologies (ATMU) Q4 Earnings and Revenues Beat Estimates

Company Performance - Atmus Filtration Technologies (ATMU) reported quarterly earnings of $0.58 per share, exceeding the Zacks Consensus Estimate of $0.53 per share, and up from $0.49 per share a year ago [1] - The earnings surprise for this quarter was 9.43%, following a previous quarter where the company reported earnings of $0.61 per share against an expectation of $0.52, resulting in a surprise of 17.31% [2] - The company achieved revenues of $406.7 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 1.51% and showing an increase from $399.7 million year-over-year [3] Market Outlook - Atmus Filtration shares have not appreciated since the beginning of the year, contrasting with the S&P 500's gain of 4% [4] - The current consensus EPS estimate for the upcoming quarter is $0.61 on revenues of $434.6 million, and for the current fiscal year, it is $2.52 on revenues of $1.71 billion [8] - The Zacks Industry Rank indicates that the Pollution Control industry is currently in the bottom 29% of over 250 Zacks industries, suggesting potential underperformance compared to higher-ranked industries [9] Estimate Revisions - The estimate revisions trend for Atmus Filtration has been unfavorable, leading to a Zacks Rank 4 (Sell) for the stock, indicating expectations of underperformance in the near future [7] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [6]