Modine Manufacturing Co expected to post earnings of 76 cents a share - Earnings Preview

Modine Manufacturing

17/05/2024 21:21

* Modine Manufacturing Co  MOD.N   MOD  is expected to show
a fall
in quarterly revenue when it reports  results on May 21 for the
period ending March 31 2024
    * The Racine Wisconsin-based  company is expected to report
a
2.1% decrease in revenue to $605.364 million from $618.1 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Modine Manufacturing Co
is for
earnings of 76 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 $98.00​, below​ its last closing price
of $103.77. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.59        0.59       0.74      Beat    25.4
 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
 ​​Jan.        0.42        0.43       0.48      Beat    12.9
 1 0001                                                 
 Sep. 30 2022  0.37        0.37       0.48      Beat    31.5​
 Jun. 30 2022  0.12        0.12       0.32      Beat    168.9
 Jan. 1 0001   0.49        0.50       0.57      Beat    14.7
 This summary was machine generated May 17 at 20:21 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)