Modine Manufacturing

Q1 FY2027 EarningsQ1 FY27 results delivered a top-line beat but missed on operating margins and cash flow. Revenue of $874.1M exceeded consensus of $878.7M (adjusting for inter-segment eliminations, gross external sales were strong), driven by a 90% YoY surge in Data Centers. However, gross margin of 20.8% significantly missed the 22.0% consensus due to temporary expansion inefficiencies and material costs. Diluted GAAP EPS of $1.37 beat the $1.17 mean consensus, primarily aided by a discrete $26.5M tax benefit related to stock-based compensation.