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John Bean (JBT) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-22 22:46
John Bean (JBT) came out with quarterly earnings of $1.50 per share, beating the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $1.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.38%. A quarter ago, it was expected that this food processing and transportation services company would post earnings of $1.24 per share when it actually produced earnings of $1.05, delivering a surprise of -15.32%.Over ...
John Bean Technologies(JBT) - 2024 Q3 - Quarterly Results
2024-10-22 20:52
Exhibit 99.1 News Release | --- | --- | --- | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------|-------|-------|------------------------------------------| | | | | | | | | | | | | | | | | | JBT Corporation 70 W. Madison Suite 4400 | | | | | | | | | Chicago, IL 60602 | JBT Corporation Reports Strong Third Quarter 2024 Results and Reiterates Full Year 2024 Guidance for Revenue, Adjusted EBITDA, and Adjusted EPS Third Quarter Highlights: (Results are from continuing operations with compari ...
Breslin Appointed to Board of Directors of JBT Bancorp, Inc.
GlobeNewswire News Room· 2024-10-04 12:30
JONESTOWN, Pa., Oct. 04, 2024 (GLOBE NEWSWIRE) -- JBT Bancorp, Inc. (OTCQX: JBTC), the holding company of Jonestown Bank & Trust Co. (JBT), recently announced that effective October 1, 2024, Gina Breslin has been appointed to the JBT Bancorp, Inc. and JBT Board of Directors. Breslin is a Shareholder and Consultant with North Group Consultants, an organizational health and leadership development firm located in Lititz, PA. In her role, Breslin provides leadership to the firm by shaping and advancing strategi ...
John Bean Technologies (JBT) Sees Rapid Stock Increase Driven by Strong Financial Performance
Gurufocus· 2024-10-02 19:51
John Bean Technologies (JBT, Financial) experienced a notable stock movement, with its price rising by 0.67% to reach $100.00 per share. The trading volume stood at 188,290 shares, with a turnover rate of 0.59% and a price fluctuation amplitude of 2.28%. Recent financial reports indicate that John Bean Technologies achieved a revenue of $403 million, net profit of $30.7 million, earnings per share of $0.96, and a gross profit of $146 million. The company's price-to-earnings ratio is currently 5.57x. There a ...
John Bean's Marel Takeover Extended by Iceland Regulator
ZACKS· 2024-08-27 16:45
John Bean Technologies Corporation (JBT) has announced that the Financial Supervisory Authority of the Central Bank of Iceland has granted an extension to its voluntary takeover bid for Marel. This will buy JBT and Marel more time to secure regulatory approvals to close the transaction. John Bean's takeover offer for Marel was previously set to expire on Sep. 2, 2024. It will now close on either Nov. 11, 2024 or three weeks after obtaining all regulatory clearances. The resulting entity, JBT Marel Corporati ...
John Bean Technologies(JBT) - 2024 Q2 - Earnings Call Transcript
2024-08-01 00:49
John Bean Technologies Corporation (NYSE:JBT) Q2 2024 Earnings Conference Call July 31, 2024 11:00 AM ET Company Participants Kedric Meredith - Vice President, Corporate Development and Investor Relations Brian Deck - Chief Executive Officer Matt Meister - Chief Financial Officer Conference Call Participants Meg Dobre - RW Baird Sam Karlov - William Blair Operator Good morning, and welcome to JBT Corporation Second Quarter 2024 Earnings Conference Call. My name is Krista, and I will be your conference opera ...
John Bean Technologies(JBT) - 2024 Q2 - Earnings Call Presentation
2024-08-01 00:22
| --- | --- | --- | --- | --- | |-------|-----------------------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | Q2 2024 Earnings | | | | | | Presentation | | | | | | J u l y 3 0 , 2 0 2 4 | | | | Forward-Looking and Non-GAAP Statements 2 This presentation contains forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. Forward-looking statements are information of a non-historical nature and are subject to risks and uncertainties that are beyond JBT's ...
John Bean Technologies(JBT) - 2024 Q2 - Quarterly Report
2024-07-31 18:38
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Class Outstanding at July 24, 2024 Common Stock, par value $0.01 per share 31,840,595 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission File Number 1-34036 John Bean Technologies Corporation ( ...
John Bean (JBT) Q2 Earnings and Revenues Miss Estimates
ZACKS· 2024-07-30 22:36
This quarterly report represents an earnings surprise of -15.32%. A quarter ago, it was expected that this food processing and transportation services company would post earnings of $0.82 per share when it actually produced earnings of $0.85, delivering a surprise of 3.66%. JBT shares have lost about 2.1% since the beginning of the year versus the S&P 500's gain of 14.5%. Ahead of this earnings release, the estimate revisions trend for JBT: favorable. While the magnitude and direction of estimate revisions ...
John Bean Technologies(JBT) - 2024 Q2 - Quarterly Results
2024-07-30 20:30
Comparisons in this news release are to the comparable period of the prior year, unless otherwise noted. An earnings presentation with supplemental information is also available on the Company's Investor Relations website at https://ir.jbtc.com/events-and-presentations/. of the year, we are anticipating double-digit year-over-year revenue growth in both the third and fourth quarter." Second quarter 2024 backlog totaled $697 million, and orders were $437 million. Orders improved 13 percent sequentially drive ...