Stock Data
$3.25 (1.69%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER CYCLICAL
Industry
AUTO PARTS
Modine Manufacturing Company specializes in creating advanced heat transfer systems and components for a variety of vehicles, including those used on and off highways. With a focus on innovation, Modine operates in sectors like Climate Solutions and Performance Technologies, offering products such as unit heaters, duct furnaces, infrared units, and cooling systems for engines and batteries. Serving a wide range of industries from automotive to construction, and with a global presence, Modine is a key player in heating, ventilation, and cooling solutions. Founded in 1916, its headquarters are in Racine, Wisconsin.
Modine crushed earnings with a 20% EPS beat as data center revenue exploded 90% to $348.6 million, though supply chain constraints held the top line just shy of estimates. The cooling systems maker is now five quarters deep in consecutive EPS beats, with backlog nearly doubled and full-year guidance locked in for 20% to 35% sales growth.
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