Modine raises fiscal 2027 guidance as data center demand climbs
Modine lifted its fiscal 2027 forecast, now expecting $3.1–3.2 billion in revenue, while data center margins are set to improve, according to TradingView.
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what happened
Modine has increased its outlook for fiscal 2027 for its continuing operations, according to TradingView. The company now expects revenue between $3.1 billion and $3.2 billion. It also forecasts data center sales to climb 80% to 90%, and Commercial HVAC sales to grow 10% to 15%.
Supply-chain and material costs weighed on data center margins in the second quarter, although they still improved from the prior quarter. Modine anticipates a 100 to 200 basis point rise in third-quarter margins and expects them to reach at least 20% in the fourth quarter.
why it matters
The upgraded forecast points to solid demand from AI-related data centers and gives investors a clearer view of profitability ahead. Further cost increases remain the main risk to the margin recovery, so investors will want to watch input cost trends closely.
market impact
Modine shares: raised guidance and expected margin recovery support the stock
- Modine shares pressure up — raised revenue outlook and expected data center margin recovery
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sources
- Key facts: Modine lifts FY2027 outlook; data center margins to rise — TradingView, 8 November 2026 at 08:00 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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