Modine Manufacturing (MOD) Tops Q3 EPS by 13c, reaffrims outlook

Modine Manufacturing (NYSE: MOD) reported Q3 EPS of $0.92, $0.13 better than the analyst estimate of $0.79. Revenue for the quarter came in at $616.8 million versus the consensus estimate of $615.02 million.

Outlook

\"We are reaffirming our previously announced guidance for Fiscal 2025, which would result in our third consecutive year of record results,\" added Brinker. \"Our outlook for the data center business remains strong, driven by both organic growth and the Scott Springfield acquisition. The investments we\'ve made to expand our technology offerings, accelerate new product development, and add manufacturing capacity are all contributing to above-market growth. In the Performance Technologies segment, we have taken aggressive cost actions as vehicular end-markets remain challenged. We continue to believe that this, along with our 80/20 focus, will allow us to drive higher margins and earnings.\"

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

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