NYSE$ATMU
Atmus Filtration Technologies Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Atmus Filtration Technologies reported solid financial results for Q3 2024, driven by growth strategy and cash returns to shareholders.
Atmus Filtration Technologies reported a 1.9% increase in net sales to $404 million for the third quarter of 2024. GAAP net income increased to $44 million, with diluted earnings per share of $0.52. Adjusted earnings per share was $0.61, and adjusted EBITDA reached $79 million with a margin of 19.6%. The company raised its full-year guidance for revenue and adjusted EBITDA margin.
- Net sales reached $404 million.
- GAAP net income was $44 million.
- Adjusted EBITDA was $79 million with a margin of 19.6%.
- Cash provided by operating activities totaled $71 million.
Headline financials
Revenue & EPS history
Atmus · Revenue · Quarterly
$404M
Forward guidance
The company is raising guidance for year 2024 as follows: Revenue to be in the range of $1,650 million to $1,675 million, Adjusted EBITDA margin to be in the range of 19.25 percent to 19.75 percent and Adjusted earnings per share in the range of $2.35 to $2.50.
Tailwinds
- Revenue to be in the range of $1,650 million to $1,675 million
- Adjusted EBITDA margin to be in the range of 19.25 percent to 19.75 percent
- Adjusted earnings per share in the range of $2.35 to $2.50
- Share repurchase program authorized by the Board of Directors in July 2024.
- Paid a quarterly cash dividend of $0.05 per share of common stock.
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 2024
-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 | — | — | — |
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