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Oct 28, 2024 3:10 PM

Modine Manufacturing's Earnings: A Preview

Modine Manufacturing (NYSE:MOD) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Modine Manufacturing to report an earnings per share (EPS) of $0.92.

The market awaits Modine Manufacturing's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

Last quarter the company beat EPS by $0.18, which was followed by a 18.94% increase in the share price the next day.

Here's a look at Modine Manufacturing's past performance and the resulting price change:

Quarter

Q1 2025

Q4 2024

Q3 2024

Q2 2024

EPS Estimate

0.86

0.76

0.59

0.64

EPS Actual

1.04

0.77

0.74

0.89

Price Change %

19.0%

-5.0%

3.0%

-2.0%

Performance of Modine Manufacturing Shares

Shares of Modine Manufacturing were trading at $127.25 as of October 25. Over the last 52-week period, shares are up 229.08%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Insights Shared by Analysts on Modine Manufacturing

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Modine Manufacturing.

The consensus rating for Modine ...

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