Modine Manufacturing Co. (MOD) revealed earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $49.6 million, or $0.92 per share. This compares with $25.8 million, or $0.48 per share, last year.
Excluding items, Modine Manufacturing Co. reported adjusted earnings of $1.12 per share for the period.
Analysts on average had expected the company to earn $0.95 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 7.2% to $647.2 million from $603.5 million last year.
Modine Manufacturing Co. earnings at a glance (GAAP) :
-Earnings: $49.6 Mln. vs. $25.8 Mln. last year.-EPS: $0.92 vs. $0.48 last year.-Revenue: $647.2 Mln vs. $603.5 Mln last year.
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