UPDATE 1-Modine posts Q4 profit

Tue Jun 7, 2011 9:18am EDT

* Q4 EPS $0.26 vs $0.24 loss/shr a year ago

* Q4 rev $397 mln vs est $379.3 mln

* Sees 2012 EPS $0.95-$1.05 vs est $1.05

* Sees 2012 sales up 12-16 pct

* Shares up 7 pct pre-mkt (Follows alerts)

June 7 (Reuters) - Modine Manufacturing Co , a maker of heating and cooling systems for vehicles, posted a fourth-quarter profit helped by improved sales to commercial vehicle customers.

Racine, Wisconsin-based Modine also forecast fiscal 2012 sales growth of 12-16 percent. It reported 2011 sales of $1.44 billion.

Fourth-quarter net income rebounded to $12.3 million, or 26 cents a share, from a year-ago loss of $11.2 million, or 24 cents a share. Quarterly sales rose 22 percent to $397 million.

Analysts on average had expected earnings of 16 cents a share, before special items, on revenue of $379.3 million, according to Thomson Reuters I/B/E/S.

Modine shares were up 7 percent at $15 in pre-market trade on Tuesday. They closed at $14.05 on Monday on the New York Stock Exchange. (Reporting by Divya Sharma in Bangalore, Editing by Ian Geoghegan) (divya.sharma@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: divya.sharma.reuters.com@reuters.net))

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