Modine (MOD) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

May 27, 2026

After Close (Confirmed)

Period Ending

2026 (Q4)

Consensus EPS Forecast

1.57

Last Year’s EPS

1.12

Same Quarter Last Year

Analyst Consensus

Strong Buy

Based on 7 Analysts Ratings

Earnings Call Summary

Q3 2026

Earnings Call Date:Feb 04, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a strongly positive operational and strategic momentum driven by exceptional Climate Solutions growth—particularly in data centers—with meaningful margin expansion, raised revenue and EBITDA guidance, and a strategic transaction (PT spin-off and Gentherm combination) that provides cash and shareholder participation in the combined business. Near-term headwinds include negative free cash flow in the quarter due to inventory and CapEx builds, a noncash pension settlement loss, increased net debt, material cost pass-through timing affecting PT and HTS margins, and a temporary expected Q4 PT margin dip. Overall, the company emphasized confidence in long-term targets (data center revenue growth, capacity expansion and margin improvement) while acknowledging manageable near-term cash and margin timing pressures.

Company Guidance

Management raised its fiscal 2026 outlook and provided detailed metric targets: they now expect total sales to grow 20–25% and Climate Solutions revenue to grow 40–45% (data‑center sales up in excess of 70% this year), and they raised fiscal‑26 adjusted EBITDA to $455–$475 million; they reiterated a >$1 billion data‑center sales target for this year and $2 billion by FY2028, with updated data‑center revenue growth of 50–70% annually over the next two years. Q3 results that underpin the guidance included consolidated sales +31% YoY, gross profit +24%, adjusted EBITDA +37% to a 14.9% margin (up 70 bps), adjusted EPS $1.19 (up 29%, ex a $116M noncash pension settlement), Climate Solutions revenue +51% (organic +36%) with data centers +78% YoY and a 31% sequential Q3 ramp, Climate Solutions adj. EBITDA margin at 17.9% with an expected Q4 margin of ~20–21% (200+ bps sequential improvement), and Performance Technologies revenue +1% with adj. EBITDA margin up 400 bps to 14.8% though PT sales are expected to be flat to down 7%. Cash and balance‑sheet guidance: Q3 free cash flow was negative $17M (including $24M of pension‑related cash payments), net debt $517M (up $238M YoY) with leverage 1.2, CapEx now expected $150–$180M for the year (some spend carrying into next fiscal year), and management expects positive free cash flow in Q4 and further leverage reduction by year‑end.

Strategic Transaction: Performance Technologies Spin-Off and Combination with Gentherm

Modine to receive approximately $210 million in cash and Modine shareholders to receive stock equal to 40% of the combined business; values the Performance Technologies business at $1.0 billion (6.8x 12-month trailing EBITDA). Transaction expected to close in Q4 calendar year, intended to accelerate portfolio transformation and unlock shareholder value.

Climate Solutions Revenue Surge

Climate Solutions revenues increased 51% year-over-year (organic growth 36%), driven by strong data center demand and acquisitions; HVAC Technologies sales up 48% and Heat Transfer Solutions up 14%.

Data Center Growth and Orders

Data center sales grew 78% year-over-year (+$130 million) and 31% sequentially in Q3; record order intake reported; company remains on track to exceed $1 billion in data center sales this year and targets $2 billion by fiscal 2028; updated expectation of 50% to 70% annual data center revenue growth over the next two years.

Capacity Expansion Progress

Commissioned 4 new chiller lines in Q3 (including first 2 lines in Jefferson City); 4 additional lines scheduled in Q4 and initial production launched in Franklin, WI. Management expects capacity to be in place to support long-term targets (20 chiller lines by fiscal '28).

Segment Margin Improvements

Performance Technologies adjusted EBITDA margin increased 400 basis points to 14.8%; Climate Solutions adjusted EBITDA improved 29% with a Q3 margin of 17.9% and management targets ~20%–21% for Climate Solutions in Q4.

Consolidated Financial Performance

Total company sales increased 31% year-over-year; gross profit increased 24%; adjusted EBITDA improved 37% year-over-year with consolidated adjusted EBITDA margin up 70 basis points to 14.9%; adjusted EPS increased 29% to $1.19 (excluding a $116M noncash pension settlement loss).

Raised Full-Year Guidance

Fiscal 2026 outlook raised: total sales now expected to grow 20%–25%; Climate Solutions sales raised to 40%–45% growth (from 35%–40%); data center sales expected to grow in excess of 70% this year; full-year adjusted EBITDA guidance increased to $455 million–$475 million.

Balance Sheet and Leverage

Net debt of $517 million (up $238 million YoY) but leverage ratio remains modest at 1.2x; company expects leverage to decline by fiscal year-end and anticipates positive free cash flow in Q4.

Product and Technology Leadership

Launched a new 3-megawatt turbo chilled chiller platform designed for high-density next-generation GPU-powered data centers; management emphasizes technology leadership, energy efficiency (PUE improvements) and flexibility across product lines.

Modine (MOD) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MOD Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 27, 2026	2026 (Q4)	1.57 / -	1.12	―	―	―
Feb 04, 2026	2026 (Q3)	0.99 / 1.19	0.92	29.35% (+0.27)
Oct 28, 2025	2026 (Q2)	1.01 / 1.06	0.97	9.28% (+0.09)
Jul 30, 2025	2026 (Q1)	0.92 / 1.06	1.04	1.92% (+0.02)
May 20, 2025	2025 (Q4)	0.95 / 1.12	0.77	45.45% (+0.35)
Feb 04, 2025	2025 (Q3)	0.79 / 0.92	0.74	24.32% (+0.18)
Oct 29, 2024	2025 (Q2)	0.92 / 0.97	0.89	8.99% (+0.08)
Jul 30, 2024	2025 (Q1)	0.86 / 1.04	0.85	22.35% (+0.19)
May 21, 2024	2024 (Q4)	0.76 / 0.77	0.67	14.93% (+0.10)
Jan 30, 2024	2024 (Q3)	0.59 / 0.74	0.48	54.17% (+0.26)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MOD Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 04, 2026	$199.53	$205.32	+2.90%
Oct 28, 2025	$162.02	$155.26	-4.17%
Jul 30, 2025	$113.62	$134.56	+18.43%
May 20, 2025	$105.57	$93.26	-11.66%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Modine Manufacturing Company (MOD) report earnings?

Modine Manufacturing Company (MOD) is schdueled to report earning on May 27, 2026, After Close (Confirmed).

What is Modine Manufacturing Company (MOD) earnings time?

Modine Manufacturing Company (MOD) earnings time is at May 27, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MOD EPS forecast?

MOD EPS forecast for the fiscal quarter 2026 (Q4) is 1.57.