Atmus Filtration Technologies Inc. Q4 Profit Increases, Beats Estimates

(RTTNews) - 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.