Modine Manufacturing: Here’s What Investors Need to Know Before Earnings

Modine Manufacturing (NYSE:MOD) will report earnings before markets open on Thursday, May 30th. Modine Manufacturing Company manufactures heat-transfer and heat-storage technology products. The Company develops, manufactures, and markets heat exchangers and systems for use in various original equipment manufacturer applications and for sale to the automotive aftermarket and to a wide array of building markets.

Here is your Cheat Sheet to Modine Manufacturing Earnings:

Earnings Expectations: Analysts expect earnings of $0.17 per share on revenues of $361.87 million.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.11 to a profit $0.1. For the current year, the average estimate is a profit of $0.39, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Modine Manufacturing has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
Revenue ($) in millions 1,409 1,163 1,448 1,577
Diluted EPS ($) -3.39 -0.75 0.13 0.83

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 388.72 350.38 339.92 326.10
Diluted EPS ($) 0.34 -0.03 -0.26 -0.19

Past Performance:
Modine Manufacturing has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]