NYSE$ATMU
Atmus Filtration Technologies Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Atmus Filtration Technologies reported solid operating results and robust cash generation for Q3 2023.
Atmus Filtration Technologies reported net sales of $396 million and a net income of $38 million for the third quarter of 2023. The company's adjusted EBITDA was $73 million with a margin of 18.3 percent. Cash provided by operating activities was $58 million.
- Net sales reached $396 million.
- GAAP net income was $38 million.
- Adjusted EBITDA stood at $73 million, with an 18.3% margin.
- Cash from operating activities totaled $58 million.
Headline financials
Revenue & EPS history
Atmus · Revenue · Quarterly
$396M
Forward guidance
The company’s guidance for year 2023 is as follows: •Revenue to be in the range of $1,600 million to $1,625 million, previous guidance was in a range of $1,580 million to $1,630 million •Adjusted EBITDA margin to be in the range of 18.00 percent to 18.50 percent, previous guidance was in a range of 17.25 percent to 18.25 percent •Adjusted earnings per share in the range of $2.20 to $2.30, previous guidance was in a range of $2.05 to $2.25
Tailwinds
- Revenue to be in the range of $1,600 million to $1,625 million
- Previous revenue guidance was in a range of $1,580 million to $1,630 million
- Adjusted EBITDA margin to be in the range of 18.00 percent to 18.50 percent
- Previous adjusted EBITDA margin guidance was in a range of 17.25 percent to 18.25 percent
- Adjusted earnings per share in the range of $2.20 to $2.30
Headwinds
- Previous adjusted earnings per share guidance was in a range of $2.05 to $2.25
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 15 quarterly earnings reports · overlaid with Q3 2023
-1.0%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+3.7%
Avg return
30 days after
60%
9 / 15 earnings
Positive
+3.2%
Q4 2025
Best reaction
-17.4%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -17.4% | -14.4% | -26.5% | |
| Q4 2025 | +3.2% | +3.4% | -8.9% | |
| Q3 2025 | +3.0% | +7.4% | +12.3% | |
| Q1 2025 | +2.1% | +0.9% | +2.2% | |
| Q4 2024 | -3.6% | -0.5% | -4.3% | |
| Q3 2024 | +2.2% | +5.1% | +2.8% | |
| Q2 2024 | +0.7% | +2.4% | +19.6% | |
| Q1 2023 | -4.0% | -2.8% | -0.3% | |
| Q1 2024 | -4.0% | -2.8% | -0.3% | |
| Q4 2023 | +0.8% | +2.7% | +16.9% | |
| Q4 2021 | +0.8% | +2.7% | +16.9% | |
| Q3 2023 | -0.9% | -2.4% | +13.9% | |
| Q3 2022 | -0.9% | -2.4% | +13.9% | |
| Q2 2022 | +1.6% | +3.3% | -1.2% | |
| Q2 2023 | +1.6% | +3.3% | -1.2% | |
| Q1 2022 | — | — | — | |
| Q1 2021 | — | — | — |
Discussion
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