Modine Manufacturing Co expected to post earnings of 59 cents a share - Earnings Preview

Modine Manufacturing

26/01/2024 22:17

* Modine Manufacturing Co  MOD.N   MOD  is expected to show
a rise
in quarterly revenue when it reports  results on January 30 for
the period ending December 31 2023
    * The Racine Wisconsin-based  company is expected to report
a
6.2% increase in revenue to $594.925 million from $560 million a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Modine Manufacturing Co
is for
earnings of 59 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 $68.50​, above​ its last closing price
of $62.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.65        0.64       0.89      Beat    40
 Jun. 30 2023  0.44        0.44       0.85      Beat    92.3
 Mar. 31 2023  0.46        0.45       0.67      Beat    48​
 Dec. 31 2022  0.42        0.43       0.48      Beat    12.9
 ​​Sep.        0.37        0.37       0.48      Beat    31.5
 30 2022                                                
 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. 31 2021  0.22        0.23       0.31      Beat    37.8
 This summary was machine generated January 26 at 22:17 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)