JBT Marel Corp expected to post earnings of $1.82 a share - Earnings Preview

JBT Marel

29/01/2025 13:39

* JBT Marel Corp  JBTM.N   JBTM.K  is expected to show a
rise in
quarterly revenue when it reports  results on January 31
(estimated) for the period ending December 31 2024
    * The Chicago Illinois-based  company is expected to report
a
10.0% increase in revenue to $489.07 million from $444.6 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for JBT Marel Corp is for
earnings
of $1.82 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for JBT Marel
Corp is
$139.00​, above​ its last closing price of $128.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  1.40        1.41       1.50      Beat    6.8
 Jun. 30 2024  1.25        1.25       1.05      Missed  -15.7
 Mar. 31 2024  0.84        0.85       0.85      Met     0.6​
 Dec. 31 2023  1.40        1.36       1.40      Beat    2.9
 ​​Sep.        1.00        0.99       1.11      Beat    12.7
 30 2023                                                
 Jun. 30 2023  0.93        0.95       0.97      Beat    2.1​
 Mar. 31 2023  0.73        0.74       0.94      Beat    27.9
 Dec. 31 2022  1.38        1.40       1.49      Beat    6.3
 This summary was machine generated January 29 at 13:39 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)