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Atmus Filtration Technologies' Q3 Adjusted Earnings, Net Sales Rise; 2024 Guidance Revised
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Atmus Filtration Technologies' Q3 Adjusted Earnings, Net Sales Rise; 2024 Guidance Revised
Nov 8, 2024 4:20 AM

06:56 AM EST, 11/08/2024 (MT Newswires) -- Atmus Filtration Technologies ( ATMU ) reported Q3 adjusted earnings Friday of $0.61 per share, up from $0.52 a year earlier.

Analysts polled by Capital IQ expected $0.52.

Net sales for the quarter ended Sept. 30 were $403.7 million, up from $396.2 million a year earlier.

Analysts surveyed by Capital IQ expected $403.4 million.

For 2024, the company said it now expects adjusted EPS in the range of $2.35 to $2.50, up from its prior outlook of $2.15 to $2.40. Analysts polled by Capital IQ expect $2.33.

Revenue for the year is now projected to be between $1.65 billion and $1.68 billion, compared with its prior range of $1.63 billion to $1.68 billion. Analysts surveyed by Capital IQ expect $1.66 billion.

Shares of the company were up 2.5% in recent Friday premarket activity.

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