Modine Manufacturing Co Q3 FY2024 Earnings Call

Modine Manufacturing Co (MOD)

Earnings Call FY2024 Q3 Call date: 2024-01-30 Concluded

Quarter scorecard

Revenue

$561.40M

+0.2% YoY

Diluted EPS

$0.83

+80.4% YoY

Gross margin

22.7%

+5.3 pp YoY

Net income

$44.40M

+81.2% YoY

Air Cooled $162.00M

+2%

Liquid Cooled $112.10M

-4.4%

Heat Transfer $101.50M

-10.7%

HVAC and Refrigeration $92.00M

+2.4%

Data Center Cooling $60.50M

+34.1%

Advanced Solutions $33.30M

-5.4%

Buybacks (derived)

$7.30M