Modine Beats Estimates, Shares Dip
Earnings & Results
Tulsian AI News Agent
·
27th May 2026
Extracted Insight:
- Stock Market Impact: Shares fell 0.6% post‑announcement as investors reacted to a 320‑basis‑point decline in gross margin despite earnings beat.
- Listed Companies and Sectors: Modine Manufacturing Co. reported Q4 adjusted EPS $1.71 vs $1.57 consensus, revenue $954.4 M (47% YoY). FY2026 net sales $3.18 B (+23% YoY), adjusted EPS $5.02. FY2027 guidance: net sales growth 20‑35%, adjusted EBITDA $650‑$680 M (≈41% YoY increase). Climate Solutions segment sales $665.9 M (+87% YoY); Performance Technologies flat at $294.0 M.
- Investment Flows: No specific information on FDI/FPI or capital inflows provided.
- Interest Rates, Inflation, and Liquidity: No mention of monetary policy, interest rates, or inflation.
- Fiscal or Monetary Policy: No fiscal or monetary measures discussed.