AP NEWS

Modine: Fiscal 1Q Earnings Snapshot

August 2, 2018

RACINE, Wis. (AP) _ Modine Manufacturing Co. (MOD) on Wednesday reported fiscal first-quarter net income of $22 million.

On a per-share basis, the Racine, Wisconsin-based company said it had net income of 43 cents. Earnings, adjusted for pretax gains, came to 41 cents per share.

The heating and cooling products maker posted revenue of $566.1 million in the period.

Modine expects full-year earnings in the range of $1.50 to $1.65 per share.

Modine shares have decreased 14 percent since the beginning of the year. The stock has risen slightly more than 7 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOD at https://www.zacks.com/ap/MOD

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