Earnings Outlook For Modine Manufacturing
Portfolio Pulse from Benzinga Insights
Modine Manufacturing (NYSE:MOD) is expected to release its quarterly earnings report on January 30, 2024, with an estimated EPS of $0.59. Investors are looking for an earnings beat and positive guidance for future growth. Despite beating EPS estimates in the past quarters, the stock price has shown mixed reactions. Shares are currently trading at $62.83, up 167.39% over the last 52 weeks.
January 29, 2024 | 4:01 pm
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Modine Manufacturing is anticipated to report an EPS of $0.59 in its upcoming earnings, with investors keen on an earnings beat and positive future guidance. The stock has risen 167.39% over the past year.
Given the positive long-term stock performance and the anticipation of an earnings beat, there is a likelihood of a positive short-term impact on MOD's stock price, especially if the company provides favorable future guidance. However, past performance shows that even with an earnings beat, the stock price can react negatively, which introduces some uncertainty.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100