UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number 1-1373 Wisconsin 39-0482000 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identific ...

This quarterly report represents an earnings surprise of 20.93%. A quarter ago, it was expected that this heating and cooling products maker would post earnings of $0.79 per share when it actually produced earnings of $0.77, delivering a surprise of -2.53%. Modine, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $661.5 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 4.36%. This compares to year-ago revenues of $622.4 million. The co ...

Exhibit 99.1 Modine Reports First Quarter Fiscal 2025 Results First Quarter Financial Results Racine, WI – July 30, 2024 – Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2024. • Net sales growth between 6 percent to 11 percent • Adjusted EBITDA of $375 million to $395 million, an increase of 19 percent to 26 percent over the prior year • Adjusted earnings per share of $3.65 to $3.95 "Our first qu ...

RACINE, Wisc., July 30, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2024. Revised Fiscal 2025 Outlook: First Quarter Financial Results Selling, general and administrative ("SG&A") expenses increased $21.4 million to $82.8 million. The increase was primarily due to higher compensation-related expenses, including higher incentive compensation driven by improved financial res ...

In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. Studies have shown that stocks with the best growth features consistently outperform the market. And returns are even better for stocks that possess the combination of a Growth Score of A or B and a Zacks Rank #1 (Strong Buy) or 2 (Buy). While the historical EPS growth rate for Modine is 25.7%, investors should actually focu ...

Investors interested in Automotive - Original Equipment stocks are likely familiar with AB Volvo (VLVLY) and Modine (MOD) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Currently, AB Volvo has a Zacks Rank of #2 (Buy), while Modine has a Zacks Rank of #3 (Hold). The Zacks Rank favors stocks that have recently seen positive revisions to their earnings estimates, so investors should rest assured that VLVLY has an improving earnings out ...

Intro & Thesis Analysis Rating: All Ratings × Modine Manufacturing Stock Now Has Even Bigger Potential Upside MOD = Nov. 07, 2023 · 6 Comments · Make Analyst's Pick Anyway, I believe the the thesis of my last article remains relevant: I think the rally has gone too far. Despite the clear fundamental growth drivers, the current valuatio the Modine stock can't be justified by the firm's expected EPS growth in future periods. designer491/iStock via Getty Images I've been covering the Modine Manufacturing (NYSE ...

The Russell 2000 is a benchmark index representing small-cap stocks. Its holdings are in a wide range of industries, including financials, industrials, information technology, healthcare and consumer discretionary. Below, I discuss three stocks included in the Russell 2000 Index that are strong buys for investors, especially following a dip in the market recently due to overall uncertainty surrounding future economic conditions. SkyWest (NASDAQ:SKYW) is a regional airline that provides cargo and passenger t ...

Zacks Investment Research Image Source: Shares of Modine Manufacturing Company (MOD) reached an all-time high of $117.04 on Jul 16, 2024. It is currently trading around just 2% off its record-high levels. Year to date, shares of MOD have surged more than 90%, handily outperforming the industry and close peers, including Dana Inc. (DAN) and Gentherm Inc. (THRM) . The impressive stock performance of MOD, which is a global leader in thermal management solutions, could be largely attributed to the acquisition o ...

To access the live webcast, including presentation slides, please log on through the investor section of Modine's website at http://www.modine.com at least 10 minutes prior to the start of the event. A replay of the slides and the audio will be available on or after July 31, 2024 on the investor section of Modine's website at http://www.modine.com. An audio only replay will be available through midnight on August 7, 2024 by dialing 877-660-6853 (international replay 201-612-7415) and entering the Conference ...