22.05.2019 22:33:22
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Modine Manufacturing Co. Q4 adjusted earnings Beat Estimates
(RTTNews) - Modine Manufacturing Co. (MOD) revealed a profit for fourth quarter that decreased from last year.
The company's earnings came in at $6.3 million, or $0.12 per share. This compares with $17.6 million, or $0.34 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.38 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 1.7% to $556.7 million from $566.6 million last year.
Modine Manufacturing Co. earnings at a glance:
-EPS (Q4): $0.40 vs. $0.44 last year. -Analysts Estimate: $0.38 -Revenue (Q4): $556.7 Mln vs. $566.6 Mln last year.
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