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Modine Manufacturing Company - $MOD STOCK NEWS

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

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 Company'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 Company's position in the market.

Rhea-AI Summary
Modine donates Airedale ClassMate® units to improve indoor air quality at Parry McCluer High School
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.1%
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none
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Rhea-AI Summary
Modine introduces Amp Dawg™ electric heating line for residential market
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.98%
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none
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Rhea-AI Summary
Modine expands production of EV thermal management systems to Europe
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
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none
Rhea-AI Summary
Modine donates school supplies to schools in Virginia, Michigan, Rhode Island, and Wisconsin
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.69%
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none
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Rhea-AI Summary
Modine announces divestiture of three businesses in Germany to focus on high-margin technologies with strong growth drivers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.34%
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none
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Rhea-AI Summary
Modine, a leading HVAC solutions provider, is partnering with TMS Johnson to offer a full range of school-focused HVAC products. TMS Johnson will represent Airedale in Minnesota and Western Wisconsin. This partnership aims to empower school leaders and facility managers to provide excellent indoor air quality solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.71%
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partnership
Rhea-AI Summary
MOD - Modine Expands Low-Emissions Electric Heating Portfolio with New MEL Series
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.46%
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none
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Rhea-AI Summary
Modine reports strong Q1 results with net sales of $622.4 million, operating income of $66.5 million, and adjusted EBITDA of $80.4 million. Full-year earnings outlook revised with net sales expected to increase by 6% to 11% and adjusted EBITDA expected to be $280 million to $295 million, a 32% to 39% increase over the prior year. Transformation efforts and margin improvement driving growth and operational improvements. Modine remains confident in its ability to execute on strategic initiatives and deliver on financial commitments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
13.25%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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none
Rhea-AI Summary
MOD - Modine to Discuss First Quarter Financial Results in Upcoming Conference Call and Webcast on August 3, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
conferences earnings
Modine Manufacturing Company

NYSE:MOD

MOD Rankings

MOD Stock Data

5.34B
51.18M
2.04%
98.51%
4.99%
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing
Manufacturing
Link
United States of America
RACINE

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.