AP NEWS

Modine: Fiscal 2Q Earnings Snapshot

October 30, 2018

RACINE, Wis. (AP) _ Modine Manufacturing Co. (MOD) on Tuesday reported fiscal second-quarter net income of $38.5 million.

The Racine, Wisconsin-based company said it had profit of 75 cents per share. Earnings, adjusted for pretax gains, were 35 cents per share.

The heating and cooling products maker posted revenue of $548.9 million in the period.

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

Modine shares have fallen 42 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $11.69, a decrease of 45 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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