JBT Marel (NYSE:JBTM – Get Free Report) updated its FY 2025 earnings guidance on Monday. The company provided earnings per share guidance of 5.500-6.100 for the period, compared to the consensus earnings per share estimate of 5.130. The company issued revenue guidance of $3.6 billion-$3.7 billion, compared to the consensus revenue estimate of $3.7 billion.
Analyst Upgrades and Downgrades
Separately, CL King started coverage on JBT Marel in a report on Wednesday, January 22nd. They issued a “buy” rating and a $143.00 price objective on the stock.
View Our Latest Research Report on JBTM
JBT Marel Trading Up 15.3 %
JBT Marel (NYSE:JBTM – Get Free Report) last issued its quarterly earnings data on Monday, February 24th. The company reported $1.70 EPS for the quarter, missing analysts’ consensus estimates of $1.80 by ($0.10). JBT Marel had a net margin of 10.25% and a return on equity of 10.16%. The business had revenue of $467.60 million during the quarter, compared to analyst estimates of $490.23 million. Sell-side analysts forecast that JBT Marel will post 5.21 earnings per share for the current fiscal year.
JBT Marel Company Profile
JBT Marel Corporation provides technology solutions to food and beverage industry in North America, Europe, the Middle East, Africa, the Asia Pacific, and Latin America. It offers value-added processing that includes chilling, mixing/grinding, injecting, blending, marinating, tumbling, flattening, forming, portioning, coating, cooking, frying, freezing, extracting, pasteurizing, sterilizing, concentrating, high pressure processing, weighing, inspecting, filling, closing, sealing, end of line material handling, and packaging solutions to the food, beverage, and health market.
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