Modine Reports Third Quarter Fiscal 2019 Results
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Modine Manufacturing (MOD) Tops Q3 EPS by 8c, Revenues Beat; Offers FY19 EPS Below Consensus
January 31, 2019 4:33 PM ESTModine Manufacturing (NYSE: MOD) reported Q3 EPS of $0.42, $0.08 better than the analyst estimate of $0.34. Revenue for the quarter came in at $541 million versus the consensus estimate of $532.7 million.
Net sales of $541.0 million increased 6 percent from the prior year, 8 percent on a constant-currency basisOperating income of $33.6 million was more than double the prior year and adjusted operating income of $34.8 million was... More