Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? John Bean (JBT) , which belongs to the Zacks Manufacturing - Thermal Products industry, could be a great candidate to consider. For the last reported quarter, JBT came out with earnings of $0.85 per share versus the Zacks Consensus Estimate of $0.82 per share, representing a surprise of 3.66%. For the previous quarter, the company was expected to post ...

Furthermore, several manufacturing stocks are standing out in particular and now looks like a good time to buy. Sporting a Zacks Rank #1 (Strong Buy) Zebra Technologies is the leading provider of enterprise asset intelligence solutions in the automatic identification and data capture solutions market throughout the world. Notably, the rebound in Zebra Technologies robust bottom line is starting to stand out as EPS is expected to increase 23% in fiscal 2024 and is projected to stretch another 20% in FY25 to ...

Subject to a proration feature, Marel shareholders will have a choice in how they receive payment for their shares. In exchange for each Marel share, they can opt for either all cash (€3.60 per share) or 0.0407 JBT shares. They can also opt for a mix of both (€1.26 in cash and 0.0265 JBT shares). The offer will commence from Jun 24, 2024, and expire on Sep 2, 2024. John Bean Technologies Corporation (JBT) announced that Iceland's financial regulator has approved the offer document and prospectus related to ...

John Bean Technologies Corporation (JBT) shares have lost 8.8% in a year against the industry's growth of 25.2%. This mainly reflects the impacts of material inflation, and supply-chain and logistic disruptions that the company has been facing for the past few quarters. Image Source: Zacks Investment Research High Costs Act as Woes John Bean has been witnessing material inflation, supply-chain and logistics disruptions, and higher labor costs. The shortages of critical raw materials (particularly electronic ...

John Bean Technologies Corporation (JBT) reported first-quarter 2024 adjusted earnings from continuing operations of 85 cents per share, up 39% from the year-ago quarter, reflecting cost savings from its supply-chain initiatives and restructuring program. The figure beat the Zacks Consensus Estimate of earnings of 82 cents per share.On a reported basis, the company’s earnings per share (from continuing operations) were 71 cents, a 34% improvement from the year-ago quarter’s 53 cents.Revenues of $392 million ...

John Bean Technologies Corporation (NYSE:JBT) Q1 2024 Earnings Conference Call May 2, 2024 9:30 AM ET Company Participants Kedric Meredith - Vice President, Corporate Development and Investor Relations Brian Deck - President and Chief Executive Officer Matthew Meister - Executive Vice President and Chief Financial Officer Conference Call Participants Joe Grabowski - Robert W. Baird & Co., Inc. Walter Liptak - Seaport Global Securities LLC Operator Good morning, and welcome to JBT Corporation's First Quarter ...

▪ North American poultry market fundamentals have continued to improve, leading to better cash flow and profitability as well as a more positive sentiment for investment among JBT customers; JBT's pipeline activity is improving, which is expected to translate to increased orders during Q2 2024 ▪ Q1 2024 recurring revenue was 52% versus 56% in the prior year Note: Figures may have immaterial differences due to rounding. 2 5 Strong Balance Sheet to Support JBT Initiatives 3.0x 2.8x 0.5x 0.6x 0.6x 0.0x $0 $500 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q | ☒ | Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 | | --- | --- | | | For the quarterly period ended March 31, 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 (Exact name of registrant as specified in ...

John Bean (JBT) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.82 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.66%. A quarter ago, it was expected that this food processing and transportation services company would post earnings of $1.39 per share when it actually produced earnings of $1.40, delivering a surprise of 0.72%.Over t ...

Exhibit 99.1 News Release JBT Corporation 70 W. Madison Suite 4400 Chicago, IL 60602 JBT Corporation Reports First Quarter 2024 Results and Reiterates Full Year 2024 Adjusted EBITDA and Adjusted EPS Guidance First Quarter Highlights: (Results are from continuing operations with comparisons to the prior year period) AeroTech's financial results were transitioned to discontinued operations beginning in the second quarter of 2023, and prior period financial results have been recast accordingly. The below parag ...