NYSE:MODBuilding
Will Strong Earnings Forecast Change Modine Manufacturing (MOD) Stock Narrative
Modine Manufacturing is preparing to release quarterly results that analysts expect to show earnings per share growth of 37.74% and revenue of $4.04 billion for the full year, with the stock currently trading on a forward P/E of 25.45.
The company’s projected 30.55% revenue increase and strong expected EPS expansion are associated with demand for its thermal and HVAC solutions, particularly in higher growth end markets such as data centers and energy efficient infrastructure.
Next, the focus...