Modine (MOD) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Modine, with a focus on how actual results compare to estimates, which could significantly impact stock price [1][2]. Earnings Expectations - Modine is expected to report quarterly earnings of $1.01 per share, reflecting a year-over-year increase of 4.1% [3]. - Revenue projections stand at $690.47 million, indicating a 4.9% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised 0.22% higher in the last 30 days, indicating a slight positive adjustment by analysts [4]. - However, the Most Accurate Estimate for Modine is lower than the consensus, resulting in an Earnings ESP of -9.90%, suggesting a bearish outlook from analysts [12]. Earnings Surprise History - In the last reported quarter, Modine exceeded expectations by delivering earnings of $1.06 per share against an estimate of $0.93, resulting in a surprise of +13.98% [13]. - Over the past four quarters, Modine has consistently beaten consensus EPS estimates [14]. Investment Considerations - Despite the potential for an earnings beat, other factors may influence stock movement, and Modine does not currently appear to be a strong candidate for an earnings surprise [15][17]. - Investors are encouraged to consider the Earnings ESP and Zacks Rank when evaluating Modine ahead of its earnings release [16].