Modine Q1 revenue $622.4M (+15% YoY), EPS $0.85; raises FY2024 EBITDA guidance to $280-295M

MODINE MANUFACTURING CO

2024-Q1 EPS reported $0.85 revenue$622,400,000

EPS $0.85 vs $0.27; adjusted EPS $0.85 vs $0.32 YoY.
Revenue $622.4M (+15% YoY); operating income $66.5M up 160%.
Adjusted EBITDA $80.4M (+91% YoY); FY2024 guidance raised to $280-295M (up 32-39%).
Climate Solutions: sales $271.8M (+11%), adj. EBITDA $49.7M (+53%).
Performance Technologies: sales $358.9M (+18%), adj. EBITDA $40.1M (+135%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MODINE MANUFACTURING CO updated its Fiscal 2024 guidance (raised).

Period: Fiscal 2024
Guidance: raised
Result: guidance update

Exact text from the filing

Modine Reports Another Record Quarter, Raises Full-Year Earnings Guidance

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MODINE MANUFACTURING CO reported first quarter ended June 30, 2023 results: revenue $622.4 million, EPS $0.85. Guidance raised.

Period: first quarter ended June 30, 2023
Revenue: $622.4 million
EPS: $0.85
Guidance: raised
Result: reported results

Exact text from the filing

global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2023. First Quarter Highlights: • Net sales of $622.4 million increased 15 percent from the prior year • Operating income of $66.5 million increased $40.9 million, or 160 percent, from the prior year • Adjusted EBITDA of $80.4 million

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8 earnings releases filed in the last 30 days. Browse all earnings releases →

MODINE MANUFACTURING CO filing history →

Source: SEC EDGAR

accession 0001140361-23-037633

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