Modine Manufacturing Co reports results for the quarter ended in June - Earnings Summary

Modine Manufacturing

03/08/2023 05:42

* Modine Manufacturing Co  MOD.N  reported quarterly
adjusted
earnings of 85 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 44 cents per share.
    * Revenue rose 15% to $622.40 million from a year ago;
analysts
expected $575.99 million. 
    * Modine Manufacturing Co's reported EPS for the quarter was
85
cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Modine Manufacturing Co shares had risen by 15.3% this
quarter and gained 91.7% so far this year.
    * The company reported quarterly net income of $44.8
million.
    * Wall Street's median 12-month price target for Modine
Manufacturing Co is $41.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 3 at 04:41 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.44           0.85           Beat
 Mar. 31 2023      0.45           0.67           Beat
 Dec. 31 2022      0.43           0.48           Beat
 Sep. 30 2022      0.37           0.48           Beat