Atmus Filtration Technologies ATMU shares soared 12.3% in the last trading session to close at $35.56. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 14.7% loss over the past four weeks.

Atmus Filtration is buoyed by optimism regarding the Trump administration’s announcement of a temporary halt on reciprocal tariffs for dozens of countries. The company’s global footprint, comprehensive offering of premium products and technology leadership should also bolster growth.

This industrial filtration product company is expected to post quarterly earnings of $0.60 per share in its upcoming report, which represents no change from the year-ago quarter. Revenues are expected to be $423.54 million, down 0.7% from the year-ago quarter.

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.

For Atmus Filtration, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on ATMU going forward to see if this recent jump can turn into more strength down the road.

The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Atmus Filtration is part of the Zacks Pollution Control industry. Donaldson (DCI), another stock in the same industry, closed the last trading session 8.2% higher at $64.01. DCI has returned -14.5% in the past month.

For Donaldson , the consensus EPS estimate for the upcoming report has changed -0.5% over the past month to $0.95. This represents a change of +3.3% from what the company reported a year ago. Donaldson currently has a Zacks Rank of #3 (Hold).

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This article originally published on Zacks Investment Research (zacks.com).

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