Modine: Fiscal Q2 Earnings Snapshot

RACINE, Wis. (AP) — RACINE, Wis. (AP) — Modine Manufacturing Co. (MOD) on Tuesday reported fiscal second-quarter profit of $30 million.

The Racine, Wisconsin-based company said it had profit of 56 cents per share. Earnings, adjusted for pretax expenses and non-recurring costs, came to $1.35 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.55 per share.

The heating and cooling products maker posted revenue of $994.4 million in the period, beating Street forecasts. Four analysts surveyed by Zacks expected $974.6 million.

Modine expects full-year revenue in the range of $3.1 billion to $3.2 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MOD at https://www.zacks.com/ap/MOD