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Stock impact report

JBT (JBT) Up 5.3% Since Last Earnings Report: Can It Continue? [Yahoo! Finance]

John Bean Technologies Corporation (JBT) 
Last john bean technologies corporation earnings: 4/29 04:29 pm Check Earnings Report
US:NYSE Investor Relations: jbtc.com/investors
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is JBT due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. John Bean Q1 Earnings Surpass Estimates, Increase Y/Y John Bean reported first-quarter 2024 adjusted earnings from continuing operations of 85 cents per share, up 39% from the year-ago quarter, reflecting cost savings from its supply-chain initiatives and restructuring program. The figure beat the Zacks Consensus Estimate of earnings of 82 cents per share. On a reported basis, the company's earnings per share (from continuing operations) were 71 cents, a 34% improvement from the year-ago quarter's 53 cents. Revenues of $392 million were up 1% from the year-ago quarter. The top-line missed the Zacks Consensus Estimate of $397 million. The cost of sales dipped 1.4% year over year Show less Read more
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