Modine Manufacturing (MOD) Scheduled to Post Quarterly Earnings on Thursday
Modine Manufacturing (NYSE:MOD) is scheduled to announce its earnings results after the market closes on Thursday, January 31st. Analysts expect the company to announce earnings of $0.34 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
Modine Manufacturing (NYSE:MOD) last posted its quarterly earnings data on Tuesday, October 30th. The auto parts company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.24 by $0.11. The firm had revenue of $548.90 million during the quarter, compared to analyst estimates of $516.95 million. Modine Manufacturing had a net margin of 2.27% and a return on equity of 16.57%. Modine Manufacturing’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.36 EPS. On average, analysts expect Modine Manufacturing to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE MOD opened at $13.34 on Tuesday. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.25 and a quick ratio of 0.85. The company has a market cap of $668.14 million, a P/E ratio of 8.66 and a beta of 1.71. Modine Manufacturing has a 52 week low of $9.75 and a 52 week high of $25.75.
Separately, Zacks Investment Research upgraded shares of Modine Manufacturing from a “sell” rating to a “hold” rating in a research note on Tuesday, December 18th.
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About Modine Manufacturing
Modine Manufacturing Company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications primarily in the United States. The company operates through Americas, Europe, Asia, Commercial and Industrial Solutions, and Building HVAC segments.
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