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MOD — Modine Manufacturing News Story

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Modine Manufacturing Co reports results for the quarter ended March 31 - Earnings Summary

Modine Manufacturing Co MOD.N reported quarterly adjusted earnings of $1.12​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 77 cents.  The mean expectation of six analysts for the quarter was for earnings of 96 cents per share. Wall Street expected results to range from 90 cents to 99 cents per share.

Revenue rose 7.2% to $647.20 million from a year ago; analysts expected $631.21 million.

Modine Manufacturing Co's reported EPS for the quarter was 92 cents​.

The company reported quarterly net income of $49.6 million.

Modine Manufacturing Co shares had risen by 35.6% this quarter and lost 10.2% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," 1 "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 $135.00

This summary was machine generated from LSEG data May 20 at 09:00 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
Mar. 31 20250.961.12Beat
Dec. 31 20240.790.92Beat
Sep. 30 20240.920.97Beat
Jun. 30 20240.871.04Beat

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