John Bean Technologies (NYSE:JBT – Get Free Report) will issue its quarterly earnings data after the market closes on Tuesday, July 30th. Analysts expect the company to announce earnings of $1.22 per share for the quarter. John Bean Technologies has set its FY24 guidance at $5.05-5.45 EPS and its FY 2024 guidance at 5.050-5.450 EPS.Parties interested in listening to the company’s conference call can do so using this link.
John Bean Technologies (NYSE:JBT – Get Free Report) last posted its earnings results on Wednesday, May 1st. The industrial products company reported $0.85 EPS for the quarter, beating analysts’ consensus estimates of $0.82 by $0.03. The company had revenue of $392.30 million during the quarter, compared to analysts’ expectations of $396.55 million. John Bean Technologies had a net margin of 36.12% and a return on equity of 10.56%. John Bean Technologies’s revenue for the quarter was up 1.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.94 earnings per share. On average, analysts expect John Bean Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
John Bean Technologies Trading Up 1.7 %
NYSE JBT opened at $100.50 on Monday. The company has a fifty day simple moving average of $95.77 and a two-hundred day simple moving average of $97.05. The stock has a market cap of $3.20 billion, a P/E ratio of 5.36, a P/E/G ratio of 1.53 and a beta of 1.27. John Bean Technologies has a 12-month low of $88.03 and a 12-month high of $123.82. The company has a current ratio of 2.37, a quick ratio of 1.83 and a debt-to-equity ratio of 0.43.
John Bean Technologies Dividend Announcement
Analyst Upgrades and Downgrades
Separately, William Blair reissued a “market perform” rating on shares of John Bean Technologies in a report on Thursday, May 2nd.
Check Out Our Latest Research Report on JBT
John Bean Technologies Company Profile
John Bean Technologies 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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