Modine Manufacturing reports Q4 non-GAAP EPS of $1.71 and revenue of $954.4M, exceeding analyst expectations.
Modine Manufacturing posted Q4 non-GAAP earnings per share of $1.71, beating estimates by $0.16, as revenue surged 39.8% year-over-year to $954.4M. The top line also exceeded expectations by $33.72M.
For the full year, the company reported record net sales of $3.2 billion, up $597.6 million or 23 percent from the prior year. The results reflect strong demand across key markets and operational execution.
Shares showed limited immediate reaction in after-hours trading as investors digested the earnings beat and revenue growth.