JBT Marel Corp reports results for the quarter ended June 30 - Earnings Summary

JBT Marel

04/08/2025 22:38

JBT Marel Corp JBTM.N reported quarterly adjusted earnings of $1.49​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.05.  The mean expectation of six analysts for the quarter was for earnings of $1.28 per share. Wall Street expected results to range from $1.21  to $1.35 per share.

Revenue rose 132.4% to $934.80 million from a year ago; analysts expected $897.42 million.

JBT Marel Corp's reported EPS for the quarter was 7 cents​.

The company reported quarterly net income of $3.4 million.

JBT Marel Corp shares had risen by 10.5% this quarter and gained 4.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 0.3% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the industrial machinery & equipment peer group is also "buy"

Wall Street's median 12-month price target for JBT Marel Corp is $135.00, about 1% above its last closing price of $133.62

This summary was machine generated from LSEG data August 4 at 09:37 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Jun. 30 2025
1.28
1.49
Beat
Mar. 31 2025
0.83
0.97
Beat
Dec. 31 2024
1.82
1.70
Missed
Sep. 30 2024
1.41
1.50
Beat