Atmus Filtration Technologies Inc. (ATMU) announced earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's earnings came in at $56.2 million, or $0.67 per share. This compares with $46.2 million, or $0.55 per share, in last year's second quarter.
Excluding items, Atmus Filtration Technologies Inc. reported adjusted earnings of $88.7 million or $0.71 per share for the period.
Analysts on average had expected the company to earn $0.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 4.6% to $432.6 million from $413.6 million last year.
Atmus Filtration Technologies Inc. earnings at a glance (GAAP) :
-Earnings (Q2): $56.2 Mln. vs. $46.2 Mln. last year.
-EPS (Q2): $0.67 vs. $0.55 last year.
-Revenue (Q2): $432.6 Mln vs. $413.6 Mln last year.
-Guidance:
Full year EPS guidance: $2.15 - $2.40
Full year revenue guidance: $1.625-$1.675 Bln
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