Thermal management systems firm Modine's Q2 revenue beats estimates on growth in climate solutions

Modine Manufacturing

28/10/2025 20:31

Overview

Modine fiscal Q2 revenue grows 12%, beating analyst expectations

Adjusted EPS for fiscal Q2 beats consensus, increasing 9% from prior year

Company raises full-year revenue guidance, driven by Climate Solutions segment growth

Outlook

Modine raises fiscal 2026 net sales growth forecast to 15-20%

Company reaffirms fiscal 2026 adjusted EBITDA guidance of $440 mln to $470 mln

Modine expects data center revenue to grow over 60% year-over-year

Result Drivers

CLIMATE SOLUTIONS - Strong demand from data center customers and acquisitions drove segment growth

CAPACITY EXPANSION - Temporary operating inefficiencies due to capacity expansion for data center products

REVENUE GUIDANCE RAISED - Co raises full-year revenue guidance due to strong Climate Solutions performance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$738.90 mln
$698.32 mln (6 Analysts)
Q2 Adjusted EPS
Beat
$1.06
$1 (6 Analysts)
Q2 EPS
$0.83
Q2 Net Income
$44.80 mln
Q2 Adjusted EBITDA
Beat
$103.80 mln
$100.02 mln (6 Analysts)
Q2 Gross Profit
$164.90 mln
Q2 Operating Income
$73.50 mln
Q2 Pretax Profit
$63.70 mln


Analyst Coverage

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 "buy"

Wall Street's median 12-month price target for Modine Manufacturing Co is $177.50, about 8.2% above its October 27 closing price of $163.02

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nPnWkWmpa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)