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

Modine Manufacturing

24/05/2023 22:37

* Modine Manufacturing Co  MOD.N  reported quarterly
adjusted
earnings of 67 cents​​ per share for the quarter ended in March.
The mean expectation of four analysts for the quarter was
for earnings of 45 cents per share.
    * Revenue rose 7.6% to $618.10 million from a year ago;
analysts
expected $583.71 million. 
    * Modine Manufacturing Co's reported EPS for the quarter was
$1.69​.
    * The mean earnings estimate of analysts was unchanged 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 fallen by 10.5% this
quarter and gained 3.9% so far this year.
    * The company reported quarterly net income of $89.9
million.
    * Wall Street's median 12-month price target for Modine
Manufacturing Co is $28.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
24 at 09:36 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.45           0.67           Beat
 Dec. 31 2022      0.43           0.48           Beat
 Sep. 30 2022      0.37           0.48           Beat
 Jun. 30 2022      0.12           0.32           Beat