Modine Manufacturing (NYSE: MOD) Earnings Preview: A Look at the Upcoming Q3 2026 Results

Core Viewpoint - Modine Manufacturing is positioned strongly in the manufacturing sector, with upcoming earnings expectations indicating continued growth and solid financial health [1][5][6] Earnings Expectations - Analysts expect Modine to report earnings per share (EPS) of $1.02 and revenue of approximately $763.5 million for the third quarter of 2026, reflecting a strong market position [1][6] - A projected 7.6% increase in quarterly earnings compared to the previous year, with revenues expected to rise by 23.8% [5] Financial Health - Modine maintains a solid financial standing with a debt-to-equity ratio of 0.50, a current ratio of 2.00, and a quick ratio of 1.16, indicating effective debt management and ability to meet short-term obligations [2][6] Stock Performance and Valuation - The stock opened at $185.31, showing investor confidence, with a market capitalization of $9.76 billion [2][3] - Modine's stock has a price-to-earnings (P/E) ratio of 53.56 and a price-to-earnings-growth (PEG) ratio of 1.17, indicating a growth-oriented valuation [3][6] - Over the past year, the stock has ranged from a low of $64.79 to a high of $190.22, with a 50-day simple moving average of $144.10 and a 200-day simple moving average of $141.74 [3] Previous Earnings Performance - In the previous earnings release on October 28th, Modine reported EPS of $1.06, exceeding expectations of $0.97, and achieved revenue of $738.9 million, surpassing the anticipated $699.9 million, representing a 12.3% increase in revenue year-over-year [4]