John Bean Q3 Earnings & Revenues Beat Estimates, Increase Y/Y

John Bean Technologies Corporation (JBT) reported adjusted earnings of $1.50 per share in third-quarter 2024, 35.1$1.41. Volume growth, gains from the company’s restructuring actions and supply-chain cost savings, and lower net interest expenses were instrumental in driving the results in the quarter. On a reported basis, the company’s earnings per share (from continuing operations) were $1.18 compared with the prior-year ...