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Modine Manufacturing Co (MOD.N)

MOD.N on New York Stock Exchange

18.90USD
25 Sep 2017
Change (% chg)

$0.70 (+3.85%)
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Latest Key Developments (Source: Significant Developments)

Modine announces termination of public offering of common stock
Thursday, 10 Aug 2017 09:07am EDT 

Aug 10 (Reuters) - Modine Manufacturing Co ::Modine announces termination of public offering of common stock.Modine Manufacturing Co - ‍terminated public offering of shares of its common stock previously announced on August 9, 2017​.  Full Article

Modine announces public offering of common stock
Wednesday, 9 Aug 2017 04:05pm EDT 

Aug 9 (Reuters) - Modine Manufacturing Co :Modine announces public offering of common stock.Says offering 5.00 million common shares.Modine manufacturing co says intends to use all of net proceeds of offering to pay down outstanding indebtedness.  Full Article

Modine Q1 adjusted earnings per share $0.39
Tuesday, 1 Aug 2017 05:00pm EDT 

Aug 1 (Reuters) - Modine Manufacturing Co ::Modine reports first quarter fiscal 2018 results.Q1 adjusted earnings per share $0.39.Q1 earnings per share $0.34.Q1 sales rose 48 percent to $515.5 million.Sees FY 2018 adjusted earnings per share $1.20 to $1.35.Modine Manufacturing Co says full fiscal year-over-year sales up 25 to 30 percent.  Full Article

Modine Manufacturing files for mixed shelf of up to $200 mln
Friday, 9 Jun 2017 11:48am EDT 

June 9 (Reuters) - Modine Manufacturing Co ::Modine Manufacturing Co files for mixed shelf of up to $200 million - SEC filing.  Full Article

Modine reports third quarter fiscal 2017 results
Monday, 6 Feb 2017 04:45pm EST 

Modine Manufacturing Co : Modine reports third quarter fiscal 2017 results . Q3 adjusted earnings per share $0.21 . Sees FY 2017 adjusted earnings per share $0.74 to $0.80 . Q3 earnings per share $0.04 . Q3 sales rose 6.4 percent to $349.8 million .Sees full fiscal year-over-year sales up 9 to 11 percent.  Full Article

Modine Manufacturing enters into third amended, restated credit agreement
Monday, 21 Nov 2016 10:46am EST 

Modine Manufacturing Co : Entered third amended, restated credit agreement restating existing $175 million second amended and restated credit agreement . Amended, restated credit agreement extended maturity of revolving credit facility to November 15, 2021 - SEC Filing . Modine manufacturing-amended, restated note purchase, private shelf restating note purchase agreement relating to $125 million 6.83% senior notes due August 2020 . Amended and restated credit agreement added a $275 million term loan facility .Amended, restated note purchase agreement added ability of company to issue a $50 million series of 5.75% senior secured notes.  Full Article

Modine announces agreement to acquire Luvata Heat Transfer Solutions for about $422 mln
Tuesday, 6 Sep 2016 06:45pm EDT 

Modine Manufacturing Co : To acquire Luvata Heat Transfer Solutions for about $422 million, to be financed through a combination of cash, debt, $25 million of Modine common stock .JP Morgan Securities LLC serves as Modine's exclusive financial advisor,Kirkland & Ellis serves as Modine's primary legal advisor.  Full Article

Modine Manufacturing Q1 adjusted earnings per share $0.21
Tuesday, 2 Aug 2016 05:00pm EDT 

Modine Manufacturing Co : Q1 earnings per share $0.18 . FY2017 earnings per share view $0.83, revenue view $1.34 billion -- Thomson Reuters I/B/E/S . Q1 adjusted earnings per share $0.21 . Q1 sales $347.2 million . Sees FY 2017 adjusted earnings per share $0.77 to $0.87 . Sees Full 2017 Fiscal Year-Over-Year Sales Down 1 Percent To Up 3 Percent . Q1 earnings per share view $0.18, revenue view $336.5 million -- Thomson Reuters I/B/E/S .Modine Manufacturing Co CEO says "we will continue to maintain a culture of cost discipline for remainder of fiscal 2017".  Full Article

Modine Manufacturing reports adj profit of $0.36 per share
Wednesday, 25 May 2016 05:05pm EDT 

Modine Manufacturing Co : Modine reports fourth quarter fiscal 2016 results . Sees full fiscal year-over-year sales down 1 percent to up 3 percent . Sees FY adjusted operating income of $65 million to $71 million . Fy2017 earnings per share view $0.86 -- Thomson Reuters I/B/E/S . Fy2017 earnings per share view $0.86, revenue view $1.34 billion -- Thomson Reuters I/B/E/S . Q4 adjusted earnings per share $0.36 . Q4 sales fell 5.3 percent to $343.7 million . Sees FY 2017 adjusted earnings per share $0.77 to $0.87 .Q4 earnings per share $0.16.  Full Article

Modine Manufacturing Company updates FY 2016 guidance
Tuesday, 2 Feb 2016 04:15pm EST 

Modine Manufacturing Company:Says based on current exchange rates, market outlook and business forecast, Modine updates the following guidance for FY 2016.Says FY 2016 Full fiscal year-over-year sales down 8 to 10 percent, or flat to down 2 percent on a constant currency basis.Sees FY 2016 Adjusted operating income of $62 million to $66 million, including approximately $4 million of negative year-over-year foreign currency exchange rate impacts; and Adjusted earnings per share of $0.70 to $0.76.  Full Article