Modine (MOD) reported earnings 30 days ago. What's next for the stock?
Modine Manufacturing (NYSE:MOD) shares rose more than 5% in pre-market trading Friday after Hunterbrook Media published a report suggesting the company's data center cooling opportunity could be significantly larger than its current public disclosures indicate. Hunterbrook, whose affiliated investment firm holds a long position in Modine, said internal planning information found on GitHub points to nearly $23 billion in modeled demand from major data center customers.
Modine's sales surged 28% in Q1, but shrinking margins across segments put the spotlight on its fiscal 2027 profitability push.
Vertiv's scale, rising margins and global AI-ready capacity give it an edge in data center infrastructure over fast-growing Modine.
Modine's data-center growth is surging, but falling estimates, margin pressure and a stretched valuation leave little room for execution missteps.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Modine's fiscal Q1 earnings beat estimates as data center sales surge 90%. However, revenues miss, and supply-chain pressure squeezes margins.
Modine Manufacturing NYSE: MOD reported first-quarter fiscal 2027 sales growth of 28% and adjusted earnings per share growth of 44%, while reiterating its full-year revenue and adjusted EBITDA outlook. The company said supply-chain shortages in its Data Center segment constrained production and pressured margins during the quarter, but management expects conditions and profitability to improve sequentially.
Modine Manufacturing Company (MOD) Q1 2027 Earnings Call Transcript
Modine (MOD) came out with quarterly earnings of $1.53 per share, beating the Zacks Consensus Estimate of $1.27 per share. This compares to earnings of $1.06 per share a year ago.
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MOD's Q1 fiscal 2027 results face a tug-of-war between data center growth and supply disruptions, with estimates calling for 30% EPS growth.