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Stock impact report

Modine Reports First Quarter Fiscal 2019 Results

Modine Manufacturing Company (MOD) 
Last modine manufacturing company earnings: 2/4 04:21 pm Check Earnings Report
US:NYSE Investor Relations: modine.com/web/en/investors.htm
Company Research Source: PR Newswire
RACINE, Wis., Aug. 1, 2018 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter ended June 30, 2018. First Quarter Highlights:Net sales of $566.1 million increased 10 percent from the prior year, 6 percent on a constant-currency basis Operating income of $34.8 million increased 26 percent and adjusted operating income of $36.0 million increased 14 percent Earnings per share of $0.43 increased 26 percent from the prior year and adjusted earnings per share of $0.41 increased 5 percent from the prior year"We are off to a good start in fiscal 2019," said Modine President and Chief Executive Officer, Thomas A. Burke.  "Robust sales and earnings growth in our vehicular markets has been driven by strong end markets and significant share gains in Asia.  The CIS and Building HVAC segments grew mid-single digits and we continue to be optimisti Show less Read more
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