NYSE:MODBuilding
How Strong Q1 Results and Bold 2027 Sales Guidance At Modine Manufacturing (MOD) Has Changed Its Investment Story
In late July 2026, Modine Manufacturing Company reported first-quarter fiscal 2027 results showing sales of US$874.1 million and net income of US$73.9 million, alongside diluted EPS from continuing operations of US$1.37, and also confirmed it had completed a previously announced buyback of 230,000 shares for US$18.4 million after repurchasing no shares in the most recent quarter.
Beyond the quarterly performance, management’s new fiscal 2027 guidance calling for net sales to increase by a...