Acquisition provides direct-fired industrial heating, ventilation, and make-up air systems that complement Modine's existing Heating and Indoor Air Quality businesses RACINE, Wis., March 11, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in innovative thermal management technology and solutions, announced today that it had entered into a definitive agreement to acquire AbsolutAire, a manufacturer of direct-fired heating, ventilation, and make-up air systems.
Global leader in thermal management solutions Modine Manufacturing MOD recently gave its investors a reason to cheer by announcing plans to buy back up to $100 million worth of its own stock. Modine has also expanded its capacities for its range of coolant distribution units (CDUs) under the Airedale by Modine brand.
New authorization demonstrates confidence in the future of Modine RACINE, Wis. , March 7, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that its Board of Directors has authorized a share repurchase program allowing the company to repurchase up to $100 million of the company's outstanding common stock from time to time on the open market, in privately negotiated transactions or otherwise.
Leveraging 80/20 processes to accelerate transformation of Performance Technologies segment; long-term strategy remains on track RACINE, Wis. , Feb. 26, 2025 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today announced that Adrian I.
Modine Manufacturing Company (NYSE:MOD) will hold its Q3 2025 Earnings Conference Call on February 5, 2025, at 11:00 AM ET. The call will feature company representatives including Kathy Powers, Neil Brinker, and Mick Lucareli. Participants from various financial firms, such as CJS Securities and Oppenheimer, will also join the discussion.
While the revenue and earnings per share (EPS) for Modine (MOD) provide insight into its performance for the quarter ending December 2024, it could be helpful to look at how these important figures stack up against Wall Street predictions and last year's results.
Modine (MOD) reported quarterly earnings of $0.92 per share, which is higher than the Zacks Consensus Estimate of $0.79 per share. This is an increase compared to earnings of $0.74 per share from the same period last year.
Modine, a global leader in thermal management technology, announced its financial results for the quarter ending December 31, 2024. The company experienced growth in revenue and gross margin, largely due to strong sales in data centers and the positive impact of the Scott Springfield acquisition. This news was shared on February 4, 2025.
Modine (MOD) finished the last trading day at $101.45, which is a decrease of 0.99% compared to the day before.
Modine (MOD) lacks the necessary mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.