Modine Manufacturing Co (MOD) Misses Q4 EPS by 3c; Guides FY16 EPS Flat with Views

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Modine Reports Fourth Quarter Fiscal 2015 Results

May 28, 2015 8:12 AM EDT

RACINE, Wis., May 28, 2015 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported its financial results for the fourth quarter ended March 31, 2015.  Highlights and year-over-year comparisons include:

Sales down 7 percent for the quarter, up 2 percent on a constant currency basis; Fourth quarter operating income of $5.2 million and a loss per share of $0.07;  Adjusted operating income of $17.2 million for the quarter, up 27 percent, and $65.2 million for the fiscal year, up 6 percent;... More