Modine Q2 FY27 net earnings fall 32% to $30.3 million; Q2 net sales rise 35% to $994.4 million

• Modine's Q2 FY27 net earnings fell 32% to $30.3 million, including $29.5 million in spin-off-related income tax expense.
• Net sales climbed 35% to $994.4 million, driven by higher net sales in Data Centers and Commercial HVAC.
• The Performance Technologies spin-off closed October 1; management reported record orders and backlog in Data Centers.
• FY27 net sales are forecast at $3.1 billion to $3.2 billion, excluding Performance Technologies.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Modine Manufacturing Company published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.