John Bean Technologies Corp expected to post earnings of 85 cents a share - Earnings Preview

JBT Marel

29/04/2024 21:12

* John Bean Technologies Corp  JBT.N   JBT  is expected
to show a
fall in quarterly revenue when it reports  results on May 1 for
the period ending March 31 2024
    * The Chicago Illinois-based  company is expected to report
a
25.1% decrease in revenue to $396.43 million from $529.5 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for John Bean Technologies
Corp is
for earnings of 85 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 John Bean
Technologies Corp is $121.00​, above​ its last closing price
of $90.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  1.40        1.36       1.40      Beat    2.9
 Sep. 30 2023  1.00        0.99       1.11      Beat    12.7
 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.        1.38        1.40       1.49      Beat    6.3
 31 2022                                                
 Sep. 30 2022  1.19        1.19       1.27      Beat    6.7​
 Jun. 30 2022  1.19        1.19       1.13      Missed  -4.9
 Mar. 31 2022  0.57        0.56       0.87      Beat    54.2
 This summary was machine generated April 29 at 20:12 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)