The U.K. has launched a $400-million program to scrap boilers in favor of low carbon alternatives like heat pumps, as was recently reported in The Times.
Modine Manufacturing (NYSE:MOD) shares experienced unusual options activity on Tuesday. The stock price moved down to $14.22 following the option alert.
Modine Manufacturing (NYSE:MOD) reported quarterly earnings of $0.20 per share which missed the analyst consensus estimate of $0.27 by 25.93 percent. This is a 322.22 percent increase over losses of $(0.09) per share
Shares of Modine Manufacturing (NYSE:MOD) increased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 322.22% over the past year to $0.20, which missed the estimate of $0.27.
Modine Manufacturing (NYSE:MOD) reported quarterly earnings of $0.20 per share which missed the analyst consensus estimate of $0.27 by 25.93 percent. This is a 322.22 percent increase over losses of $(0.09) per share