Modine Manufacturing (MOD) Tops Q1 EPS by 42c, beats revenue, provides outlook

Modine Manufacturing (NYSE: MOD) reported Q1 EPS of $0.85, $0.42 better than the analyst estimate of $0.43. Revenue for the quarter came in at $622.4 million versus the consensus estimate of $572.84 million.

Revised Fiscal 2024 Outlook:

Net sales up 6% to 11%
Adjusted EBITDA of $280 million to $295 million, an increase of 32% to 39% over the prior year

For earnings history and earnings-related data on Modine Manufacturing (MOD) click here.

You May Also Be Interested In

• BofA raises AMD target to $720, sees server CPU TAM tripling to $211B by 2030
• Mizuho bullish on Tower Semiconductor, points to AI optical growth
• Barclays asks if equity markets are nearing the boiling point