23.05.2018 22:56:30
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Modine Manufacturing Co. Q4 adjusted earnings Beat Estimates
(RTTNews) - Modine Manufacturing Co. (MOD) revealed earnings for its fourth quarter that increased from last year.
The company's bottom line totaled $17.6 million, or $0.34 per share. This compares with $8.0 million, or $0.16 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 16.0% to $566.6 million from $488.3 million last year.
Modine Manufacturing Co. earnings at a glance:
-EPS (Q4): $0.44 vs. $0.35 last year. -Analysts Estimate: $0.40 -Revenue (Q4): $566.6 Mln vs. $488.3 Mln last year.
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