Edition:
India

Modine Manufacturing Co (MOD.N)

MOD.N on New York Stock Exchange

24.00USD
16 Feb 2018
Change (% chg)

$0.35 (+1.48%)
Prev Close
$23.65
Open
$23.55
Day's High
$24.30
Day's Low
$23.30
Volume
81,006
Avg. Vol
73,180
52-wk High
$24.90
52-wk Low
$10.12

Latest Key Developments (Source: Significant Developments)

Modine plans to close Gailtal manufacturing facility
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Modine Manufacturing Co ::Modine announces plans to close Gailtal, Austria manufacturing facility.Closure of Gailtal facility is expected to impact approximately 142 employees​.  Full Article

Modine reports Q2 earnings per share $0.31
Wednesday, 1 Nov 2017 

Oct 31 (Reuters) - Modine Manufacturing Co :Modine reports second quarter fiscal 2018 results and raises 2018 outlook.Q2 adjusted earnings per share $0.36.Q2 earnings per share $0.31.Q2 sales rose 60 percent to $508.3 million.Sees FY 2018 adjusted earnings per share $1.30 to $1.45.Modine Manufacturing Co sees ‍full fiscal year-over-year sales up 32 to 36 percent for fiscal 2018​.  Full Article

Modine Q4 adjusted earnings per share $0.35
Thursday, 25 May 2017 

May 24 (Reuters) - Modine Manufacturing Co :Modine reports fourth quarter and full year fiscal 2017 results.Q4 adjusted earnings per share $0.35.Sees fy 2018 adjusted earnings per share $1.20 to $1.35.Q4 sales rose 42 percent to $488.3 million.Modine manufacturing co says recorded $4.9 million of restructuring expenses during q4.Modine manufacturing co - "remain on track to deliver annual cost synergies of at least $15 million within next three to four years".Q4 earnings per share $0.16.Modine manufacturing co sees full fiscal year-over-year sales up 25 to 30 percent.Modine manufacturing co - "‍although some of our markets remain challenged, we are starting to see improvements, particularly in off-highway markets​".Fy2018 earnings per share view $1.20, revenue view $1.90 billion -- Thomson Reuters I/B/E/S.  Full Article

Modine announces agreement to acquire Luvata Heat Transfer Solutions for about $422 mln
Wednesday, 7 Sep 2016 

Modine Manufacturing Co : To acquire Luvata Heat Transfer Solutions for about $422 million, to be financed through a combination of cash, debt, $25 million of Modine common stock .JP Morgan Securities LLC serves as Modine's exclusive financial advisor,Kirkland & Ellis serves as Modine's primary legal advisor.  Full Article

Modine Manufacturing Q1 adjusted earnings per share $0.21
Wednesday, 3 Aug 2016 

Modine Manufacturing Co : Q1 earnings per share $0.18 . FY2017 earnings per share view $0.83, revenue view $1.34 billion -- Thomson Reuters I/B/E/S . Q1 adjusted earnings per share $0.21 . Q1 sales $347.2 million . Sees FY 2017 adjusted earnings per share $0.77 to $0.87 . Sees Full 2017 Fiscal Year-Over-Year Sales Down 1 Percent To Up 3 Percent . Q1 earnings per share view $0.18, revenue view $336.5 million -- Thomson Reuters I/B/E/S .Modine Manufacturing Co CEO says "we will continue to maintain a culture of cost discipline for remainder of fiscal 2017".  Full Article

Modine Manufacturing reports adj profit of $0.36 per share
Thursday, 26 May 2016 

Modine Manufacturing Co : Modine reports fourth quarter fiscal 2016 results . Sees full fiscal year-over-year sales down 1 percent to up 3 percent . Sees FY adjusted operating income of $65 million to $71 million . Fy2017 earnings per share view $0.86 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $0.86, revenue view $1.34 billion -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.36 . Q4 sales fell 5.3 percent to $343.7 million . Sees FY 2017 adjusted earnings per share $0.77 to $0.87 .Q4 earnings per share $0.16.  Full Article

BRIEF-Modine Reports Q3 Loss Per Share $0.57

* SEES 2018 FULL FISCAL YEAR-OVER-YEAR SALES UP 36 TO 40 PERCENT