JBT Corp. (JBT) Tops Q3 EPS by 13c

JBT Corp. (NYSE: JBT) reported Q3 EPS of $1.11, $0.13 better than the analyst estimate of $0.98. Revenue for the quarter came in at $403.6 million versus the consensus estimate of $416.38 million.

Guidance:

JBT is updating and narrowing its guidance for full year 2023 based on the fourth quarter outlook and year-to-date performance.
JBT Sees Q4 2023 EPS in the range of $1.25-$1.40 and FY 2023 of $3.95 -$4.10.
Revenue Growth for Q4 2023 in the range of 0-4% and FY 2023 of 4.5-5.5%

For earnings history and earnings-related data on JBT Corp. (JBT) click here.

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