Modine Manufacturing Co. (MOD) Tops Q4 EPS by 6c; Guides in-Line
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EPS Growth %: +11.9%
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Net sales: 317.7M
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Modine Manufacturing Co. (NYSE: MOD) reported Q4 EPS of $0.15, $0.06 better than the analyst estimate of $0.09. Revenue for the quarter came in at $390.6 million versus the consensus estimate of $356.57 million.
Modine Manufacturing Co. sees FY2014 EPS of $0.63-$0.73, versus the consensus of $0.68. Full fiscal year-over-year sales up 3 to 8 percent.
“We finished our fiscal year with a solid quarter in terms of revenue, earnings and cash flow,” said Modine President and Chief Executive Officer, Thomas A. Burke. “Adjusted earnings per share of $0.73 for the fiscal year exceeded our previous guidance due to stronger markets, particularly in Europe and in our Commercial Products segment.”
For earnings history and earnings-related data on Modine Manufacturing Co. (MOD) click here.
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