Modine Manufacturing Sees FY24 Net Sales Growth 6-11%, Adj. EPS $3.65-$3.95 vs $3.71 Est.
Portfolio Pulse from Benzinga Newsdesk
Modine Manufacturing projects FY24 net sales growth of 6-11% and adjusted EPS between $3.65 and $3.95, compared to the estimated $3.71.
July 30, 2024 | 8:58 pm
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POSITIVE IMPACT
Modine Manufacturing has announced its FY24 financial projections, expecting net sales growth of 6-11% and adjusted EPS between $3.65 and $3.95, surpassing the estimated $3.71.
The positive financial projections, including higher-than-expected adjusted EPS, are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100