Will JBT (JBT) Beat Estimates Again in Its Next Earnings Report?

Core Viewpoint - John Bean Technologies Corporation (JBT) is highlighted as a strong candidate for investors due to its consistent performance in beating earnings estimates and its positive outlook for future earnings reports [1]. Earnings Performance - In the last reported quarter, JBT achieved earnings of $0.85 per share, surpassing the Zacks Consensus Estimate of $0.82 per share, resulting in a surprise of 3.66% [2]. - In the previous quarter, JBT was expected to post earnings of $1.39 per share but delivered $1.40 per share, yielding a surprise of 0.72% [2]. - The company has an average surprise of 2.19% over the past two quarters, indicating a strong track record of exceeding earnings expectations [5]. Earnings ESP and Predictions - The Zacks Earnings ESP for JBT is currently positive at +0.41%, suggesting analysts are optimistic about the company's near-term earnings potential [10]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) indicates a high likelihood of another earnings beat in the upcoming report [10]. - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [8].