Modine Reports Fourth Quarter and Full Year Fiscal 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Modine Manufacturing (MOD) Tops Q4 EPS by 8c, Revenues Miss
May 28, 2020 4:33 PM EDTModine Manufacturing (NYSE: MOD) reported Q4 EPS of $0.24, $0.08 better than the analyst estimate of $0.16. Revenue for the quarter came in at $472.9 million versus the consensus estimate of $490.82 million.
Fourth Quarter Highlights:
Net sales of $472.9 million decreased 15 percent from the prior yearOperating income declined to $5.6 million and adjusted operating income to $24.8 millionLoss per share of $0.13 and adjusted earnings per share of $0.24Automotive business sale temporarily delayed, but the Company will resume the process as soon as possibleFourth Quarter Segment Review
VTS segment sales were $279.5... More