Atmus Filtration Technologies Inc. Q4 Profit Increases, Beats Estimates

Atmus Filtration Technologies Inc. (ATMU) reported earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $40 million, or $0.48 per share. This compares with $35 million, or $0.42 per share, last year.

Excluding items, Atmus Filtration Technologies Inc. reported adjusted earnings of $0.58 per share for the period.

Analysts on average had expected the company to earn $0.53 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 1.8% to $407 million from $400 million last year.

Atmus Filtration Technologies Inc. earnings at a glance (GAAP) :

-Earnings: $40 Mln. vs. $35 Mln. last year.
-EPS: $0.48 vs. $0.42 last year.
-Revenue: $407 Mln vs. $400 Mln last year.

by RTTNews Staff Writer

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