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Modine Manufacturing reports Q2 adjusted EPS 97c, consensus 92c

Modine Manufacturing reports Q2 adjusted EPS 97c, consensus 92c

Reports Q2 revenue $658M, consensus $646.91M. “Our strong second quarter results benefited from continued momentum in some of our key end markets,” said Modine President and Chief Executive Officer, Neil Brinker. “Data center revenue growth continues to drive top-line improvement, including the significant impact from the Scott Springfield acquisition. This more than offset lower volumes in both our vehicular end markets and in our heat transfer product business. Overall, margins improved versus the prior year, which resulted in earnings growth and supported continued momentum towards our new fiscal 2027 targets.”

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