Atmus Filtration Technologies (ATMU) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for Atmus Filtration Technologies (ATMU) despite higher revenues, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to show earnings of $0.66 per share, reflecting a -7% change year-over-year, while revenues are projected at $440.31 million, an increase of 1.8% from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.78% higher in the last 30 days, indicating a collective reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive Earnings ESP of +9.64% indicates a likelihood of beating the consensus EPS estimate, supported by a Zacks Rank of 2 [11]. Historical Performance - Atmus Filtration has consistently beaten consensus EPS estimates, achieving this in the last four quarters, including a +6.78% surprise in the most recent quarter [12][13]. Market Reaction Factors - Stock price movement may not solely depend on earnings results; other factors can influence investor sentiment, leading to potential gains or losses regardless of earnings performance [14][16].