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Modine Manufacturing Co. - MOD STOCK NEWS

Welcome to our dedicated news page for Modine Manufacturing Co. (Ticker: MOD), a resource for investors and traders seeking the latest updates and insights on Modine Manufacturing Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Modine Manufacturing Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Modine Manufacturing Co.'s position in the market.

News
Modine and LeanDNA Project Named Finalist for a 2024 Manufacturing Leadership Award
Rhea-AI Summary
Modine (MOD) and LeanDNA recognized as finalists at the 2024 Manufacturing Leadership Awards for their innovative project. Modine successfully implemented LeanDNA to optimize inventory, improve on-time delivery, and enhance supply chain resiliency, resulting in significant improvements across various aspects of their supply chain.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.84%
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none
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News
Modine Gains UL Safety Certification for Indoor Air Quality Solutions
Rhea-AI Summary
Modine achieves UL60335 certification for HVAC products, positioning itself to comply with new refrigerant safety standards. The certification prepares the company for upcoming regulations and allows for the incorporation of environmentally friendly refrigerants.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.21%
Tags
none
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News
Modine Launches New MEW Electric Unit Heaters for Washdown and Corrosive Environments
Rhea-AI Summary
Modine launches MEW, a new corrosion-resistant electric unit heater for various industries, expanding its electric heater offerings to meet customer demands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.03%
Tags
none
News
Modine Acquires Scott Springfield Manufacturing, Gaining Air Handling Unit Offering for Strategic Data Center and Indoor Air Quality Markets
Rhea-AI Summary
Modine (MOD) acquires Scott Springfield Manufacturing, expanding its data center technology portfolio with a focus on hyperscale and colocation solutions. The acquisition brings a highly complementary product line and customer base in strategic markets like data centers, telecommunications, healthcare, and aerospace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.34%
Tags
acquisition
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News
MODINE WILL SHOWCASE NEW RESIDENTIAL AND LIGHT COMMERCIAL HEATING SOLUTIONS AT INTERNATIONAL BUILDERS SHOW
Rhea-AI Summary
Modine (MOD) announces the showcasing of newly released Amp Dawg™ Electric Heater and infrared products at the International Builders Show. The company aims to offer innovative heating solutions to contractors and heating professionals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.21%
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none
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News
Modine Expands Commercial and Residential Electric Infrared Heater Portfolio
Rhea-AI Summary
Modine (MOD) introduces new MEQ and MES series of infrared heaters for indoor and outdoor spaces, catering to residential and commercial heating needs. The products offer powerful heat output, low-light performance, and weatherproof features, expanding Modine's electric heating solutions portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.34%
Tags
none
News
Modine Reports Third Quarter Fiscal 2024 Results, Raises Full-Year Earnings Guidance
Rhea-AI Summary
Modine reported strong third quarter results with net sales of $561.4 million, operating income of $61.7 million, and adjusted EBITDA of $73.9 million. Earnings per share and adjusted earnings per share increased significantly from the prior year. The company also revised its full-year outlook, expecting a 4-7% increase in net sales and adjusted EBITDA of $305 to $313 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.46%
Tags
earnings
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News
Frost & Sullivan recognizes Modine with the 2023 North American New Product Innovation Award for the Electric Vehicle Thermal Management Systems Industry
Rhea-AI Summary
Modine receives the 2023 North American New Product Innovation Award from Frost & Sullivan for their EVantage™ thermal management system, providing solutions for a wide range of electric vehicles. The award recognizes Modine's commitment to research and development, strategic partnerships, and customer impact.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.65%
Tags
none
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News
Modine to Showcase Innovative Electric Heating Solutions at AHR Expo
Rhea-AI Summary
Modine, a leader in innovative heating solutions in the HVAC industry, will feature the new Amp Dawg™ electric unit heater during AHR Expo, January 22-24, in Chicago. The Amp Dawg™ is designed to be a quiet, efficient solution for heating garages, workshops, and other similar spaces, offering application flexibility and controlled heat ideal for residential and light commercial heating applications. Modine's commitment to engineering a cleaner and healthier world is evident in the launch of the Amp Dawg™, showcasing their dedication to meeting the needs and demands of their customers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
none
News
Modine to Host Third Quarter Fiscal 2024 Earnings Conference Call on January 31, 2024
Rhea-AI Summary
Modine (NYSE: MOD) will host a conference call and webcast to discuss its third quarter financial results for the period ended December 31, 2023, on January 31, 2024. President and CEO Neil D. Brinker and CFO Michael B. Lucareli will review the company's financial results. Access the live webcast and presentation slides through the investor section of Modine's website. Replays of the slides, audio, and transcript will be available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
Tags
conferences earnings
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Modine Manufacturing Co.

NYSE:MOD

MOD Rankings

#1256 Ranked by Market Cap
#105 Ranked by Stock Gains
N/A Ranked by Dividends

MOD Stock Data

4.82B
51.18M
2.04%
98.51%
4.99%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
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About MOD

since 1916, modine manufacturing company has applied innovative thermal technology to meet customer's needs. modine breakthroughs in customized heating and cooling solutions have yielded state-of-the-art components, modules and systems that have given the world's vehicle makers and commercial equipment manufacturers a competitive edge in the markets they serve. markets served include automotive, truck, off highway/construction, and hvac&r.