Modine Manufacturing Co expected to post earnings of 45  cents a share - Earnings Preview

Modine Manufacturing

22/05/2023 21:06

* Modine Manufacturing Co  MOD.N   MOD  is expected to show
a rise
in quarterly revenue when it reports  results on May 24. 
    * The Racine Wisconsin-based  company is expected to report 
a
1.6% increase in revenue to $583.712 million from $574.4 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 45 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $28.5​, above​ its last closing price
of $21.24. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.49        0.50       0.57      Beat    14.7
 ​​Dec.        0.22        0.23       0.31      Beat    37.8
 31 2021                                                
 Sep. 30 2021  0.29        0.33       0.15      Missed  -54.5​
 Jun. 30 2021  0.27        0.27       0.17      Missed  -37.3
 Mar. 31 2021  0.27        0.27       0.51      Beat    91.2
 This summary was machine generated May 22 at 20:06 GMT.  All
figures in US dollars  unless otherwise stated