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MOD — Modine Manufacturing News Story

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Modine Manufacturing Co reports results for the quarter ended June 30 - Earnings Summary

Modine Manufacturing Co MOD.N reported quarterly adjusted earnings of $1.06​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.04.  The mean expectation of six analysts for the quarter was for earnings of 92 cents per share. Wall Street expected results to range from 87 cents to $1.03 per share.

Revenue rose 3.2% to $682.80 million from a year ago; analysts expected $651.04 million.

Modine Manufacturing Co's reported EPS for the quarter was 95 cents​.

The company reported quarterly net income of $51.2 million.

Modine Manufacturing Co shares had risen by 13.7% this quarter and lost 3.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 17.1% in the last three months.​

In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "buy"

Wall Street's median 12-month price target for Modine Manufacturing Co is $127.50, about 10.9% above its last closing price of $113.62

This summary was machine generated from LSEG data July 30 at 09:42 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.921.06Beat
Mar. 31 20250.961.12Beat
Dec. 31 20240.790.92Beat
Sep. 30 20240.920.97Beat

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