JBT Marel (JBTM) Q4 Earnings and Revenues Miss Estimates

Company Performance - JBT Marel (JBTM) reported quarterly earnings of $1.70 per share, missing the Zacks Consensus Estimate of $1.80 per share, but showing an increase from $1.40 per share a year ago, resulting in an earnings surprise of -5.56% [1] - The company posted revenues of $467.6 million for the quarter ended December 2024, which was 4.62% below the Zacks Consensus Estimate, compared to $444.6 million in the same quarter last year [2] - Over the last four quarters, JBT has surpassed consensus EPS estimates two times and topped consensus revenue estimates only once [2] Stock Outlook - JBT shares have declined approximately 6.4% since the beginning of the year, contrasting with the S&P 500's gain of 2.2% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the upcoming quarter is $0.94 on revenues of $397.92 million, and for the current fiscal year, it is $5.65 on revenues of $1.81 billion [7] Industry Context - The Technology Services industry, to which JBT belongs, is currently ranked in the top 33% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - The performance of JBT's stock may be influenced by the overall industry outlook, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [5][8]