Modine Manufacturing Co expected to post earnings of 44  cents a share - Earnings Preview

Modine Manufacturing

31/07/2023 23:01

* Modine Manufacturing Co  MOD.N   MOD  is expected to show
a rise
in quarterly revenue when it reports  results on August 2. 
    * The Racine Wisconsin-based  company is expected to report 
a
6.5% increase in revenue to $575.994 million from $541 million a
year ago, according to the mean estimate from 3 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Modine
Manufacturing Co
is for earnings of 44 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Modine
Manufacturing Co is $41.5​, above​ its last closing price
of $37.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.46        0.45       0.67      Beat    48
 Dec. 31 2023  0.42        0.43       0.48      Beat    12.9
 Sep. 30 2022  0.37        0.37       0.48      Beat    31.5​
 Jun. 30 2022  0.12        0.12       0.32      Beat    168.9
 ​​Mar.        0.49        0.50       0.57      Beat    14.7
 31 2022                                                
 Dec. 31 2021  0.22        0.23       0.31      Beat    37.8​
 Sep. 30 2021  0.29        0.33       0.15      Missed  -54.5
 Jun. 30 2021  0.27        0.27       0.17      Missed  -37.3
 This summary was machine generated July 31 at 22:01 GMT.  All
figures in US dollars  unless otherwise stated