Modine Manufacturing: Here’s What Investors Need to Know Before Earnings
Modine Manufacturing (NYSE:MOD) will report earnings before markets open on Thursday, May 30th. Modine Manufacturing Company manufactures heat-transfer and heat-storage technology products. The Company develops, manufactures, and markets heat exchangers and systems for use in various original equipment manufacturer applications and for sale to the automotive aftermarket and to a wide array of building markets.
Here is your Cheat Sheet to Modine Manufacturing Earnings:
Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $361.87 million.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.11 to a profit $0.1. For the current year, the average estimate is a profit of $0.39, which is worse than the estimate ninety days ago.
Here’s how Modine Manufacturing has been performing on an annual basis:
|Revenue ($) in millions||1,409||1,163||1,448||1,577|
|Diluted EPS ($)||-3.39||-0.75||0.13||0.83|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||388.72||350.38||339.92||326.10|
|Diluted EPS ($)||0.34||-0.03||-0.26||-0.19|
Modine Manufacturing has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)