Modine Manufacturing Co expected to post earnings of 64  cents a share - Earnings Preview

Modine Manufacturing

31/10/2023 01:00

* Modine Manufacturing Co  MOD.N   MOD  is expected to show
a rise
in quarterly revenue when it reports  results on November 1. 
    * The Racine Wisconsin-based  company is expected to report 
a
6.5% increase in revenue to $616.183 million from $578.8 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Modine
Manufacturing Co
is for earnings of 64 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 $51.5​, above​ its last closing price
of $39.49. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  0.37        0.37       0.48      Beat    31.5
 ​​Jun.        0.12        0.12       0.32      Beat    168.9
 30 2022                                                
 Mar. 31 2022  0.49        0.50       0.57      Beat    14.7​
 Dec. 31 2021  0.22        0.23       0.31      Beat    37.8
 Sep. 30 2021  0.29        0.33       0.15      Missed  -54.5
 This summary was machine generated October 31 at 01:00 GMT.  All
figures in US dollars  unless otherwise stated