Modine Manufacturing shares have returned 16.6% over the past month, far exceeding the Zacks S&P 500 composite's 1.6% gain and the 7.4% rise in the Zacks Automotive - Original Equipment industry. The company is expected to post earnings of $1.43 per share for the current quarter, a 34.9% increase from a year ago, though the Zacks Consensus Estimate has fallen 13.6% over the last 30 days. For the current fiscal year, the consensus earnings estimate is $7.73, up 54% year over year and 7% higher over the past month, while the next fiscal year's estimate of $10.86 implies 40.5% growth and has risen 11.2% in the same period. Modine reported revenues of $954.4 million in its most recent quarter, a 47.5% jump, beating the consensus estimate by 5.19%, and has topped both earnings and revenue estimates in each of the trailing four quarters. The stock carries a Zacks Rank of 3, or Hold, and a Value Style Score of D, indicating it trades at a premium to peers.
Modine Manufacturing CompanyStrong earnings growth and revenue beat, with upward estimate revisions for current and next fiscal year.